Sponsors, local jurisdictions, 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. All of these 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. 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 and local jurisdiction.

Authority: Housing and Community Development Article, §§2-102 and 2-111, Annotated Code of Maryland; Chapter 654, Acts of 1996

Effective date:

Regulations .01—.17 adopted as an emergency provision effective

October 31, 1988 (15:24 Md. R. 2760); emergency status extended at 16:10 Md. R. 1101; adopted permanently effective August 7, 1989 (16:15 Md. R. 1650)

Chapter revised effective April 15, 1991 (18:7 Md. R. 771)

Regulation .03B amended effective February 1, 1993 (20:2 Md. R. 111)

Regulation .15B amended effective February 1, 1993 (20:2 Md. R. 111)

Chapter recodified from COMAR 05.07.04 to COMAR 05.15.01 effective September 6, 1999 (26:18 Md. R. 1373)

Chapter revised effective September 6, 1999 (26:18 Md. R. 1373)

Regulation .12 amended effective March 16, 2015 (42:5 Md. R. 485)