1. A. Sponsors, developers, contractors, and subcontractors shall maintain such books, accounts, and records and shall file with the Department such financial and other reports as the Department may from time to time require.
2. B. The books, accounts, and records shall be open to the inspection of representatives of the Department or other agencies of the State during reasonable working hours.
3. C. Books, accounts, and records of contractors and subcontractors shall be maintained and made available for inspection for 3 years past the date of termination of the contractual relationship between the contractor and the sponsor.

Authority: Housing and Community Development Article, §2-102(a)(7), Annotated Code of Maryland;
Ch. 396, Acts of 2011; Ch. 444, Acts of 2012; Ch. 424, Acts of 2013; and Ch. 463, Acts of 2014

Effective date: November 7, 1994 (21:22 Md. R. 1873)

Regulations .01—.07 and .09—.16 amended effective October 5, 1998 (25:20 Md. R. 1527)

Chapter revised effective September 7, 2009 (36:18 Md. R. 1380)

Regulation .03B amended effective June 22, 2015 (42:12 Md. R. 761)

Regulation .04C amended effective June 22, 2015 (42:12 Md. R. 761)

Regulation .08 amended effective April 19, 2010 (37:8 Md. R. 614)

Regulation .11B amended effective June 22, 2015 (42:12 Md. R. 761)

Regulation .12 amended effective June 22, 2015 (42:12 Md. R. 761)

Regulation .13A amended effective June 22, 2015 (42:12 Md. R. 761)

Regulation .16 amended effective March 16, 2015 (42:5 Md. R. 485)