GroundRules
45 CFR 1631.13: Use of derivative income from sale of personal property purchased with LSC funds.
Where this section sits in the code
- Title 45—Public Welfare
- Subtitle B—Regulations Relating to Public Welfare
- CHAPTER XVI—LEGAL SERVICES CORPORATION
- PART 1631—PURCHASING AND PROPERTY MANAGEMENT
- Subpart C—Personal Property Management
(a) During the term of an LSC grant or contract, a recipient may retain and use income from any sale of personal property purchased with LSC funds according to 45 CFR 1630.17 (Cost Standards and Procedures: Applicability to derivative income) and 45 CFR 1628.3 (Recipient Fund Balances: Policy).
(b) The recipient must account for income earned from the sale, rent, or lease of personal property purchased with LSC funds according to the requirements of 45 CFR 1630.17.
Collected 2026-08-27T02:26:21Z. Source file · JSON