Unless the department in writing provides a shorter period, the entity shall retain and hold open for state or federal audits all original project files, records, accounts, and supporting documents until the later of the date that:

1. (1) the project is completed;
2. (2) all loans under this subchapter have been repaid; or
3. (3) the retention period required by applicable federal and state law ends.

Source Note:The provisions of this §15.259 adopted to be effective October 17, 2018, 43 TexReg 6848.