24 C.F.R. · Housing and Urban Development
24 C.F.R. § 3.120

Transfers of property.

Title 24 C.F.R. ● ACTIVE Primary Source
Regulatory Text

24 C.F.R. § 3.120 — Transfers of property.

§ 3.120 Transfers of property. If a recipient sells or otherwise transfers property financed in whole or in part with Federal financial assistance to a transferee that operates any education program or activity, and the Federal share of the fair market value of the property is not upon such sale or transfer properly accounted for to the Federal Government, both the transferor and the transferee shall be deemed to be recipients, subject to the provisions of §§ 3.205 through 3.235(a).

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR24-SEC-BDC307
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boisestandard.org
Citation
24 C.F.R. § 3.120
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CFR — Code of Federal Regulations
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✓ ACTIVE
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PRIMARY-SOURCE
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✓ TRUE
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The regulatory text of 24 C.F.R. § 3.120 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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boisestandard.org United States Law CFR Title 24 24 C.F.R. § 3.120