{"data":{"id":"us/7-cfr-1486.508","jurisdiction":"us","citation":"7 CFR 1486.508","heading":"Suspension and termination.","body":"(a) An agreement or subaward may be suspended or terminated in accordance with 2 CFR 200.338 or 200.339. FAS may suspend or terminate an agreement if it determines that:\n(1) One of the bases in 2 CFR 200.338 or 200.339 for termination or suspension by FAS has been satisfied; or\n(2) The continuation of the assistance provided under the agreement is no longer necessary or desirable.\n(b) If an agreement is terminated, the Recipient:\n(1) Is responsible for using or returning any CCC-provided funds, interest, or program income that have not been disbursed, as agreed to by FAS; and\n(2) Must comply with any closeout and post-closeout procedures specified in the agreement and 2 CFR 200.343 and 200.344.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XIV—COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE","SUBCHAPTER C—EXPORT PROGRAMS","PART 1486—EMERGING MARKETS PROGRAM","Subpart E—Reporting, Evaluation, and Compliance"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"6f4f0a1f8521c8980bc94181087984b4783e9f840e71f17142c6971f0198741a","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1486.507","next":"us/7-cfr-1486.509"},"notice":"GroundRules: Original legal text. Not legal advice."}
