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43 U.S.C. § 2429 — Records; audits

submitted 20 years ago by Pub. L. 109-451 to r/title-43-PUBLIC-LANDS · 69 words · no verdicts yet

in plain englishAI-generated · not legal advice

A loan-guarantee recipient must keep the records and other pertinent documents that the Secretary requires by regulation, including records needed for an effective audit. The Secretary and the Comptroller General of the United States, or their duly authorized representatives, must have access to those records and documents for an audit.

(a) In general. A recipient of a loan guarantee must keep the records and other pertinent documents that the Secretary requires by regulation, including records the Secretary may require to make an effective audit possible.

(b) Access. The Secretary and the Comptroller General of the United States, or their duly authorized representatives, must have access, for the purpose of an audit, to the records and other pertinent documents.

the actual law source: uscode.house.gov ↗public domain
(a) In general

A recipient of a loan guarantee shall keep such records and other pertinent documents as the Secretary shall prescribe by regulation, including such records as the Secretary may require to facilitate an effective audit.

(b) Access

The Secretary and the Comptroller General of the United States, or their duly authorized representatives, shall have access, for the purpose of audit, to the records and other pertinent documents.

Source credit: (Pub. L. 109–451, title II, § 210, Dec. 22, 2006, 120 Stat. 3360.)

history & why it existsrecord from the source credit
  • 2006Enacted · Pub. L. 109-451 · 120 Stat. 3360

A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-451 on 2006-12-22.

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