§ 18.549. Alternate funds disbursal procedure.

93 words·~1 min read·/us/cfr/t38/s§ 18.549·

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(a)When VA withholds funds from a recipient under these regulations, the Secretary may disburse the withheld funds directly to an alternate recipient: 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. (Authority: 42 U.S.C. 6101-1607) \[50 FR 34133, Aug. 23, 1985, as amended at 68 FR 51372, Aug. 26, 2003\]

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42 USC 6101-1607

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§ 18.549

Alternate funds disbursal procedure.

Cite42 USC 6101-1607

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