24 C.F.R. § 85.51 Later disallowances and adjustments.
Title 24 - Housing and Urban Development
The closeout of a grant does not affect: (a) The Federal agency's right to disallow costs and recover funds on the basis of a later audit or other review; (b) The grantee's obligation to return any funds due as a result of later refunds, corrections, or other transactions; (c) Records retention as required in §85.42; (d) Property management requirements in §§85.31 and 85.32; and (e) Audit requirements in §85.26.
Title 24: Housing and Urban Development
PART 85—ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND COOPERATIVE AGREEMENTS TO STATE, LOCAL AND FEDERALLY RECOGNIZED INDIAN TRIBAL GOVERNMENTS
Subpart D—After-the-Grant Requirements
§ 85.51 Later disallowances and adjustments.
