15 C.F.R. · Commerce and Foreign Trade
15 C.F.R. § 20.18

Alternative funds disbursal procedure.

Title 15 C.F.R. ● ACTIVE Primary Source
Regulatory Text

15 C.F.R. § 20.18 — Alternative funds disbursal procedure.

§ 20.18 Alternative funds disbursal procedure. (a) When, under the provisions of these regulations, DOC terminates the funding of a recipient, the Secretary may, using undisbursed funds from the terminated award, make a new award to an alternate recipient, i.e. any public or non-profit private organization or agency, or State or political subdivision of the State. (b) The Secretary will require any alternate recipient to demonstrate: (1) The ability to comply with these regulations; and (2) The ability to achieve the goals of the Federal statute authorizing the Federal financial assistance.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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15 C.F.R. § 20.18
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The regulatory text of 15 C.F.R. § 20.18 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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