{"data":{"id":"us/15-cfr-231.205","jurisdiction":"us","citation":"15 CFR 231.205","heading":"Retention of records.","body":"(a) During the 10-year period beginning on the date of the Federal financial assistance award under 15 U.S.C. 4652 and for a period of seven years following any significant transaction involving the material expansion of semiconductor manufacturing capacity in a foreign country of concern, a covered entity or member of the affiliated group planning or engaging in any such significant transaction involving the material expansion of semiconductor manufacturing capacity in a foreign country of concern shall maintain records related to the significant transaction in a manner consistent with the recordkeeping practices used in their ordinary course of business for such transactions.\n(b) A covered entity that is notified that a transaction is being reviewed by the Secretary shall immediately take steps to retain all records relating to such transaction, including if those records are maintained by a member of the affiliated group or by related entities.","path":["Title 15—Commerce and Foreign Trade","Subtitle B—Regulations Relating to Commerce and Foreign Trade","CHAPTER II—NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY, DEPARTMENT OF COMMERCE","SUBCHAPTER C—CHIPS PROGRAM","PART 231—CLAWBACKS OF CHIPS FUNDING","Subpart B—General"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-15.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:24Z","sha256":"23a23b68c07cb24088d90e75da78fd7026538c4f695e3e5819b7887ae15ffd10","source_id":"us-cfr","stale":true,"prev":"us/15-cfr-231.204","next":"us/15-cfr-231.301"},"notice":"GroundRules: Original legal text. Not legal advice."}