Florida Regulations 62-816.011: Retention of Accounting Records
Current as of: 2024 | Check for updates
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(1) Financial records, supporting documents, statistical records, and all other records pertinent to a grant shall be retained for a period of three years after the end of the grant period or until an audit is completed. If any litigation, claim, or audit is started before the expiration of the three year period, the records shall be retained until all litigation, claims, or audit findings involving the records have been resolved.
(2) The grantee shall make all grant records of expenditures, copies of reports, books, and related documentation available to the Trust, the Department, or any duly authorized representatives of the state for inspection at a reasonable time for the purpose of making audits, examinations, excerpts, and transcript.
Rulemaking Authority 259.101, 374.045, 380.507(11) FS. Law Implemented 259.101, 375.045, 380.510 FS. History-New 6-30-93, Formerly 9K-5.011.
Terms Used In Florida Regulations 62-816.011
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
Rulemaking Authority 259.101, 374.045, 380.507(11) FS. Law Implemented 259.101, 375.045, 380.510 FS. History-New 6-30-93, Formerly 9K-5.011.