31 C.F.R. · Money and Finance: Treasury
31 C.F.R. § 23.49

Alternate funds disbursal procedure.

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

31 C.F.R. § 23.49 — Alternate funds disbursal procedure.

§ 23.49 Alternate funds disbursal procedure. (a) When Treasury withholds funds from a recipient under these regulations, the Secretary may disburse the withheld funds directly to an alternate recipient, where appropriate: 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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BS-CFR31-SEC-098129
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REGULATION / FEDERAL-CFR-SECTION
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31 C.F.R. § 23.49
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CFR — Code of Federal Regulations
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The regulatory text of 31 C.F.R. § 23.49 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. § 23.49