2021 US Code
Title 15 - Commerce and Trade
Chapter 120 - Minority Business Development
Subchapter VII - Administrative Powers of the Agency; Miscellaneous Provisions
Sec. 9593 - Recordkeeping

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Citation 15 U.S.C. § 9593 (2021)
Section Name §9593. Recordkeeping
Section Text (a) In general

Each recipient of assistance under this chapter shall keep such records as the Under Secretary shall prescribe, including records that fully disclose, with respect to the assistance received by the recipient under this chapter—

(1) the amount and nature of that assistance;

(2) the disposition by the recipient of the proceeds of that assistance;

(3) the total cost of the undertaking for which the assistance is given or used;

(4) the amount and nature of the portion of the cost of the undertaking described in paragraph (3) that is supplied by a source other than the Agency;

(5) the return on investment, as defined by the Under Secretary; and

(6) any other record that will facilitate an effective audit with respect to the assistance.

(b) Access by government officials

The Under Secretary, the Inspector General of the Department of Commerce, and the Comptroller General of the United States, or any duly authorized representative of any such individual, shall have access, for the purpose of audit, investigation, and examination, to any book, document, paper, record, or other material of the Agency or an MBDA Business Center.

Source Credit

(Pub. L. 117–58, div. K, title VII, §100703, Nov. 15, 2021, 135 Stat. 1466.)


Editorial Notes EDITORIAL NOTES REFERENCES IN TEXT

This chapter, referred to in subsec. (a), was in the original "this division", meaning div. K of Pub. L. 117–58, Nov. 15, 2021, 135 Stat. 1445, which is classified principally to this chapter. For complete classification of division K to the Code, see Short Title note set out under section 9501 of this title and Tables.

Publication Title United States Code, 2018 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 15 - COMMERCE AND TRADE
CHAPTER 120 - MINORITY BUSINESS DEVELOPMENT
SUBCHAPTER VII - ADMINISTRATIVE POWERS OF THE AGENCY; MISCELLANEOUS PROVISIONS
Sec. 9593 - Recordkeeping
Contains section 9593
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law No
Disposition standard
Statutes at Large References 135 Stat. 1466, 1445
Public Law References Public Law 117-58
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