---
kind: "section"
citation: "45 C.F.R. § 1326.3"
title: "45"
number: "1326.3"
heading: "Liquidation of obligations."
url: "https://uscodex.org/cfr/45/1326.3"
---

# §1326.3. Liquidation of obligations.

- (a) All obligations incurred pursuant to a grant made under the Act for a specific Federal fiscal year, must be liquidated within two years of the close of the Federal fiscal year in which the grant was awarded.
- (b) The Secretary, or his or her designee, may waive the requirements of [paragraph (a)](#a) of this section when State law impedes implementation or the amount of obligated funds to be liquidated is in dispute.
- (c) Funds attributable to obligations which are not liquidated in accordance with the provisions of this section revert to the Federal Government.

## Notes

### Authority

Authority: 42 U.S.C. 15001 et seq.

### Source

Source: 80 FR 44807, July 27, 2015, unless otherwise noted. Redesignated at 81 FR 35645, June 3, 2016.