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DocuSign Envelope ID:C80FF651-3BCF-4358-88DA-30DA3334E081 <br /> (13) "State Funds" means any funds appropriated by the North Carolina General Assembly or collected <br /> by the State of North Carolina. State funds include federal financial assistance received by the State <br /> and transferred or disbursed to non-State entities. Both Federal and State funds maintain their <br /> identity as they are disbursed as financial assistance to other organizations. <br /> (14) "Subrecipient" means a non-State entity that receives State financial assistance from a recipient to <br /> carry out part of a State program; but does not include an individual that is a beneficiary of such <br /> program. This definition of"subrecipient" applies throughout these Rules, except as used in Item <br /> (10)of this Rule. <br /> History Note: Authority G.S. 143C-6-22, 143C-6-23; <br /> Eff.July 1, 2005; <br /> Amended Eff. October], 2007; <br /> Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff.April 25, <br /> 2015; <br /> Amended Eff.July 1, 2016 <br /> SECTION.0200-RESPONSIBILITIES OF RECIPIENTS AND SUBRECIPIENTS <br /> 09 NCAC 03M.0201 ALLOWABLE USES OF STATE FINANCIAL ASSISTANCE <br /> Expenditures of State financial assistance by any recipient or subrecipient shall be in accordance with the cost <br /> principles outlined in the Code of Federal Regulations, 2 CFR, Part 200. If the State financial assistance includes <br /> federal sources,the recipient or subrecipient shall ensure adherence to the cost principles established in the Code of <br /> Federal Regulations,2 CFR,Part 200. <br /> History Note: Authority G.S. 143C-6-22; 143C-6-23; <br /> Eff.July 1, 2005; <br /> Readopted Eff.July 1, 2016. <br /> 09 NCAC 03M.0202 RECIPIENT AND SUBRECIPIENT RESPONSIBILITIES <br /> A recipient or subrecipient that receives State financial assistance shall ensure that those funds are utilized for their <br /> intended purpose and shall expend those funds in compliance with requirements established by this Subchapter and <br /> their contract.Recipients and subrecipients shall: <br /> (1) Provide the information required by the disbursing agency in order to comply with the procedures <br /> for disbursement of funds. <br /> (2) Maintain reports and accounting records that support the allowable expenditure of State funds. <br /> Recipients and subrecipients shall make available all reports and records for inspection by the <br /> awarding agency,the Office of State Budget and Management, and the Office of the State Auditor <br /> for oversight,monitoring,and evaluation purposes. <br /> (3) Ensure that subrecipients comply with all reporting requirements established by this Subchapter and <br /> their contract and report to the appropriate disbursing entity. <br /> History Note: Authority G.S. 143C-6-22; 143C-6-23; <br /> Eff.July 1, 2005; <br /> Readopted Eff July], 2016 <br /> 09 NCAC 03M.0203 SUBGRANTEE RESPONSIBILITIES <br /> History Note: Authority G.S. 143C-6-22, 143C-6-23; <br /> Eff.July 1, 2005; <br /> Repealed Eff.July 1, 2016 <br /> 09 NCAC 03M.0204 RESERVED FOR FUTURE CODIFICATION <br /> 09 NCAC 03M.0205 MINIMUM REPORTING REQUIREMENTS FOR RECIPIENTS AND <br /> SUBRECIPIENTS <br />