An LEA must retain the records described in § 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
source: 60 FR 50778, Sept. 29, 1995, unless otherwise noted.
cite as: 34 CFR 222.10