Statutes, codes, and regulations
South Dakota Administrative Rules
Title 74 - Department of Environment And Natural ResourcesArticle 74:05 - Water development
Chapter 74:05:08 - State water pollution control revolving fund program
Section 74:05:08:22 - Accounting methods and audits

S.D. Admin. R. 74:05:08:22

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Current through Register Vol. 51, page 54, October 28, 2024
Section 74:05:08:22 - Accounting methods and audits

Each recipient must maintain accounting records in accordance with applicable financial and reporting standards as set forth in the assistance agreement. Each recipient must agree to have audits performed in accordance with applicable state and federal law, as set forth in the assistance agreement. Each loan recipient must retain all accounting records, books, and supporting material for a minimum of three years after completion of the project. Each grant recipient must retain all accounting records, books, and supporting material for a minimum of three years after the end of the assistance agreement. These accounting records must be made available for inspection by state and federal representatives upon request.

S.D. Admin. R. 74:05:08:22

15 SDR 20, effective 8/7/1988; 19 SDR 102, effective 1/17/1993; 21 SDR 97, effective 11/28/1994; 28 SDR 4, effective 7/22/2001; 28 SDR 95, effective 12/19/2001; 31 SDR 89, effective 12/27/2004; 33 SDR 106, effective 12/26/2006.

General Authority: SDCL 46A-1-60.3.

Law Implemented: SDCL 46A-1-60.1 to 46A-1-60.3.