31 C.F.R. · Money and Finance: Treasury
31 C.F.R. § 205.22

How are accurate clearance patterns maintained?

Title 31 C.F.R. ● ACTIVE Primary Source
Regulatory Text

31 C.F.R. § 205.22 — How are accurate clearance patterns maintained?

§ 205.22 How are accurate clearance patterns maintained? (a) If a State has knowledge, at any time, that a clearance pattern no longer reflects a Federal assistance program's actual clearance activity, or if a Federal assistance program undergoes operational changes that may affect clearance activity, the State must notify us, develop a new clearance pattern, and certify that the new pattern corresponds to the Federal assistance program's clearance activity. Clearance patterns will remain in effect until a new clearance pattern is certified. (b) An authorized State official must certify that a clearance pattern corresponds to the clearance activity of the Federal assistance program to which it is applied. An authorized State official must re-certify the accuracy of a clearance pattern at least every five years. If a State develops a clearance pattern for a bank account or a specific type of payment, or on another basis, as set forth in § 205.21, we may prescribe other requirements for re-certifying the accuracy of the clearance pattern. A State can begin to use a new clearance pattern on the date the new clearance pattern is certified.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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31 C.F.R. § 205.22
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The regulatory text of 31 C.F.R. § 205.22 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 31 31 C.F.R. § 205.22