[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 43CFR1882.7]



[Page 47-48]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

 

PART 1880_FINANCIAL ASSISTANCE, LOCAL GOVERNMENTS--Table of Contents

 

          Subpart 1882_Mineral Development Impact Relief Loans

 

Sec.  1882.7  Inspection and audit.



    Upon receipt of a loan under this subpart, the grantee of the loan 

shall establish accounts and related records necessary to record the 

transactions relating to receipt and disposition of such loan. These 

accounts and related records shall be sufficiently detailed to provide 

an adequate inspection and audit by the Secretary and the Comptroller 

General of the United States.



[[Page 48]]



The loan funds shall not be commingled with other funds of the 

recipient.



[[Page 49]]