---
kind: "section"
citation: "42 C.F.R. § 52i.12"
title: "42"
number: "52i.12"
heading: "What happens if a grantee fails to administer the research endowment grant in accordance with applicable regulations?"
url: "https://uscodex.org/cfr/42/52i.12"
---

# §52i.12. What happens if a grantee fails to administer the research endowment grant in accordance with applicable regulations?

- (a) The Director, after giving notice and an opportunity for a hearing, may authorize the termination of a grant awarded and/or recovery of funds under this part during the 20-year period if the grantee:
  - (1) Withdraws or spends any part of the endowment fund corpus in violation of this part;
  - (2) Spends any portion of the endowment fund income not permitted to be spent in this part;
  - (3) Fails to invest the endowment fund corpus in accordance with the investment standards set forth in this part;
  - (4) Fails to meet the requirements in [§ 52i.7](/cfr/42/52i.7.md); or
  - (5) **Otherwise fails to comply with the terms and conditions of the award.**
- (b) Recovery of funds may include up to the amount of endowment awards plus any income earned.

## Notes

### Authority

Authority: 42 U.S.C. 216, 285t-285t-1.

### Source

Source: 80 FR 53744, Sept. 8, 2015, unless otherwise noted.