2018 US Code
Title 49 - Transportation
Subtitle III - General and Intermodal Programs
Chapter 55 - Intermodal Transportation
Subchapter II - Terminals
Sec. 5566 - Records and audits
49 U.S.C. § 5566 (2018) | |||||||||
§5566. Records and audits | |||||||||
(a) Record Requirements.—Each recipient of financial assistance under this chapter shall keep records required by the Secretary of Transportation. The records shall disclose— (1) the amount, and disposition by the recipient, of the proceeds of the assistance; (2) the total cost of the project for which the assistance was given or used; (3) the amount of that part of the cost of the project supplied by other sources; and (4) any other records that will make an effective audit easier. (b) Audits and Inspections.—For 3 years after a project is completed, the Secretary and the Comptroller General may audit and inspect records of a recipient that the Secretary or Comptroller General decides may be related or pertinent to the financial assistance. |
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(Pub. L. 103–272, §1(d), July 5, 1994, 108 Stat. 853.) |
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In this section, the word "undertaking" is omitted as being included in "project". In subsection (a), before clause (1), the word "fully" is omitted as surplus. In subsection (b), the words "the expiration of" and "of the United States" are omitted as surplus. The words "or any of their duly authorized representatives" are omitted as unnecessary because of 49:322(b) and 31:711(2). The words "may audit and inspect" are substituted for "shall have access for the purpose of audit and examination" for consistency in the revised title and with other titles of the United States Code. The word "recipient" is substituted for "such receipts" to correct an error in the underlying source provisions. |
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United States Code, 2018 Edition, Title 49 - TRANSPORTATION | |||||||||
Bills and Statutes | |||||||||
United States Code | |||||||||
Y 1.2/5: | |||||||||
Title 49 - TRANSPORTATION SUBTITLE III - GENERAL AND INTERMODAL PROGRAMS CHAPTER 55 - INTERMODAL TRANSPORTATION SUBCHAPTER II - TERMINALS Sec. 5566 - Records and audits |
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section 5566 | |||||||||
2018 | |||||||||
January 14, 2019 | |||||||||
Yes | |||||||||
standard | |||||||||
80 Stat. 931 88 Stat. 1530 90 Stat. 125 94 Stat. 412 108 Stat. 853 |
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Public Law 89-670, Public Law 93-496, Public Law 94-210, Public Law 96-254, Public Law 103-272 |