§136.111. Interest.
42 C.F.R. § 136.111
Tribes and Tribal organizations shall not be held accountable for interest earned on grant funds, pending disbursement by such organization.
Notes, amendments, and revision history
Amendments
[40 FR 53143, Nov. 14, 1975, as amended at 50 FR 1854, Jan. 14, 1985; 81 FR 3010, Jan. 20, 2016; 89 FR 80068, Oct. 2, 2024]
Authority
Authority: Secs. 104, 107, 25 U.S.C. 450h(b), 450k; Sec. 3, Pub. L. 83-568, 42 U.S.C. 2003.
Source
Source: 40 FR 53143, Nov. 14, 1975, unless otherwise noted. Redesignated at 67 FR 35342, May 17, 2002.
Authority
Authority: 42 U.S.C. 2001 and 2003; 25 U.S.C. 13; and 25 U.S.C. 1621a.
Amendments
[40 FR 53143, Nov. 14, 1975, as amended at 50 FR 1854, Jan. 14, 1985; 81 FR 3010, Jan. 20, 2016; 89 FR 80068, Oct. 2, 2024]