Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XVII - Rural Utilities Service, Department of Agriculture |
Part 1770 - Accounting Requirements for RUS Telecommunications Borrowers |
Subpart A - Preservation of Records |
§ 1770.1 - General.
Latest version.
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§ 1770.1 General.
(a) This subpart establishes RUS polices and procedures for the preservation of records of telecommunications borrowers.
(b) The regulations prescribed in this part apply to all books of account, contracts, records, memoranda, documents, papers, and correspondence prepared by or on behalf of the borrower as well as those which come into its possession in connection with the acquisition of property by purchase, consolidation, merger, etc.
(c) The regulations prescribed in this part shall not be construed as excusing compliance with any other lawful requirements for the preservation of records.