Connecticut Administrative Code
Title 8 - Zoning, Planning, Housing, Economic and Community Development
214h - Limited Equity Cooperative/Mutual Housing Association Program
Section 8-214h-16 - Financial reporting and access to records

Universal Citation: CT Reg of State Agencies 8-214h-16

Current through September 9, 2024

(a) Each developer/Board of Directors shall maintain in the State of Connecticut complete and accurate books and records, insofar as they pertain to State assisted housing projects, and they shall be set up and maintained in accordance with the latest procedures approved by the Commissioner.

(b) Each developer/Board of Directors shall furnish the Commissioner with financial statements and other reports relating to the development and operation of the project in such detail and at such time as he may require.

(c) At any time during regular business hours, and as often as the Commissioner may require, the Commissioner or his representatives shall be entitled to full and free access to the accounts, records and books of the developer/Board of Directors relative to the project, said permission to include the right to make or require the developer/Board of Directors to provide excerpts or transcripts from such accounts, records and books.

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