Section 8-367a-5 - Financial reporting and access to records(a) Each developer shall maintain complete and accurate books and records, in the following manner:(1) Insofar as they pertain to state rental housing projects, they shall be set up and maintained in accordance with the latest manual approved by the Commissioner.(2) Insofar as they pertain to federal rental housing projects, they shall be set up and maintained in accordance with the latest requirements of the U.S. Department of Housing and Urban Development.(b) Each developer shall furnish the Commissioner with financial statements and other reports relating to the tenant management organization in such detail and at such times as he may require.(c) At any time during regular business hours, and as often as the Commissioner may require, the Commissioner or his representatives shall be entitled to full and free access to the accounts, records and books of the developer relative to the tenant management organization, said permission to include the right to make excerpts or transcripts from such accounts, records and books.Conn. Agencies Regs. § 8-367a-5
Effective February 25, 1988