[Code of Federal Regulations]
[Title 34, Volume 1]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR222.10]

[Page 503]
 
                           TITLE 34--EDUCATION
 
                  CHAPTER II--OFFICE OF ELEMENTARY AND
              SECONDARY EDUCATION, DEPARTMENT OF EDUCATION
 
PART 222_IMPACT AID PROGRAMS--Table of Contents
 
                            Subpart A_General
 
Sec. 222.10  How long must a local educational agency retain records?

    An LEA must retain the records described in Sec. 222.9 until the 
later of--
    (a) Three years after the last payment for a fiscal year; or
    (b) If the records have been questioned on Federal audit or review, 
until the question is finally resolved and any necessary adjustments to 
payments have been made.

(Authority: 20 U.S.C. 1232f, 7702, 7703, 7704, 7706)