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Code · CFR · Title 34 — Education · Part 81 · § 81.30

§ 81.30. Basis for recovery of funds.

111 words·~1 min read·/us/cfr/t34/s§ 81.30·

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(a)Subject to the provisions of § 81.31, an authorized Departmental official requires a recipient to return funds to the Department if---
(1)The recipient made an unallowable expenditure of funds under a grant or cooperative agreement; or
(2)The recipient otherwise failed to discharge its obligation to account properly for funds under a grant or cooperative agreement.
(b)An authorized Departmental offcial may base a decision to require a recipient to return funds upon an audit report, an investigative report, a monitoring report, or any other evidence. (Authority: 20 U.S.C. 1234a(a)
(1)and (2)) \[54 FR 19512, May 5, 1989. Redesignated and amended at 58 FR 43473, Aug. 16, 1993\]
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§ 81.30
Basis for recovery of funds.
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