§ 1778.23 Grant closing and disbursement of 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) Grants will be closed in accordance with § 1780.45 of part 1780 of this chapter.
(b) RUS Bulletin 1780-12, “Water or Waste Grant Agreement,” will be executed by all applicants.
(c) The Agency's policy is not to disburse grant funds from the Treasury until they are actually needed by the applicant. Grant funds will be disbursed by using multiple advances.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.