GroundRules
7 CFR 1780.42: Transfer of obligations.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
- PART 1780—WATER AND WASTE LOANS AND GRANTS
- Subpart B—Loan and Grant Application Processing
An obligation of funds established for an applicant may be transferred to a different (substituted) applicant provided:
(a) The substituted applicant is eligible and has the authority to receive the assistance approved for the original applicant; and
(b) The need, purpose(s) and scope of the project for which RUS funds will be used remain substantially unchanged.
Collected 2026-08-27T02:24:01Z. Source file · JSON