§ 34.18. Fee and profit.
41 words·~1 min read·
/us/cfr/t32/s§ 34.18·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In accordance with 32 CFR 22.205(b), grants and cooperative agreements shall not:
(a)Provide for the payment of fee or profit to the recipient.
(b)Be used to carry out programs where fee or profit is necessary to achieving program objectives.
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