§1303.48. Grant recipient limitations on Federal interest.
45 C.F.R. § 1303.48
A grant recipient cannot mortgage, use as collateral for a credit line or for other loan obligations, or, sell or transfer to another party, a facility, real property, or a modular unit it has purchased, constructed or renovated with Head Start funds, without the responsible HHS official's written permission.
A grant recipient must have the responsible HHS official's written permission before it can use real property, a facility, or a modular unit subject to federal interest for a purpose other than that for which the grant recipient's application was approved.
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 9801 et seq.
Source
Source: 81 FR 61412, Sept. 6, 2016, unless otherwise noted.