§ 23.49. Alternate funds disbursal procedure.
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/us/cfr/t31/s§ 23.49·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.