§ 52a.7 For what purposes may a grantee spend grant funds?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
A grantee shall spend funds it receives under this part solely in accordance with the approved application and budget, the authorizing legislation, the regulations of this part, the terms and conditions of the award, and the applicable cost principles prescribed in 2 CFR parts 200 and 300, subpart E.
[61 FR 55109, Oct. 24, 1996, as amended at 81 FR 3007, Jan. 20, 2016; 89 FR 80065, Oct. 2, 2024]
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