1. 1. A district receiving a loan under the provisions of sections 160.300 to 160.328 shall establish on its books an energy conservation loan account which the district shall maintain until such time as the loan obligation has been repaid. Information sufficient to indicate the receipt and expenditure of all funds authorized and allowed under the terms of the loan shall be entered in this account.
2. 2. The district shall maintain all internal records directly related to the loan and the project in such a way as to provide for proper auditing of the project.

(L. 1986 H.B. 1335 § 5)

* Expiration date, see section 160.328