GroundRules
← Search the law
Federal regulations · Through 2026-08-25 · Newer source version available

31 CFR 23.49: Alternate funds disbursal procedure.

Read at publisher ↗
Where this section sits in the code
  1. Title 31—Money and Finance: Treasury
  2. Subtitle A—Office of the Secretary of the Treasury
  3. PART 23—NONDISCRIMINATION ON THE BASIS OF AGE IN PROGRAMS AND ACTIVITIES RECEIVING FEDERAL FINANCIAL ASSISTANCE FROM THE DEPARTMENT OF THE TREASURY
  4. Subpart D—Investigation, Conciliation, and Enforcement Procedures

(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.

Collected 2026-08-27T02:25:25Z. Source file · JSON

Browse this collection