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Reporting and inspection - 12 Pa. Cons. Stat. § 2311Legal Research Home > Pennsylvania Statutes
§ 2311. Reporting and inspection.
(a) Inspection.--An applicant or a recipient shall, upon
request, permit authorized employees of the department or its
agent to inspect the plant, books and records of the applicant
or recipient.
(b) Updating.--An applicant or a recipient shall provide
updated information to the department and its agents if
conditions change or to the extent that the information
originally given becomes inaccurate or misleading.
(c) Periodic reports.--A recipient shall provide the
department and its agents with such periodic financial reports
as the department may require until the loan is repaid in full.
(d) Financial and performance audits.--An agent of the
department shall annually submit to the department, at the
agent's expense, an independent financial audit. If the audit
reveals misconduct of a material nature on the part of the
agent, the department shall take appropriate action.
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Last modified: November 27, 2007 |