- (a) An entity that receives a loan under this subchapter shall comply with applicable state and federal law in the performance of work on a project for which proceeds from a loan under this subchapter are used.
- (b) The entity shall maintain its books and records related to the project in accordance with generally accepted accounting principles and with all other applicable federal and state requirements.
Source Note:The provisions of this §15.257 adopted to be effective October 17, 2018, 43 TexReg 6848.