Section 690.81 - Fiscal control and fund accounting procedures(a) An institution shall follow provisions for maintaining general fiscal records in this part and in 34 CFR 668.24(b) .(b) An institution shall maintain funds received under this part in accordance with the requirements in § 668.164 .50 FR 10724, Mar. 15, 1985, as amended at 53 FR 49147, Dec. 6, 1988; 59 FR 54730, Nov. 1, 1994; 59 FR 61722, Dec. 1, 1994; 61 FR 60397, 60493, Nov. 27, 1996; 86 FR 59626 , Oct. 28, 2021