§29.806. Upon termination, what happens to the funds associated with the terminated portions of the compact or funding agreement?
49 C.F.R. § 29.806
Upon termination, the Department will reassume the remaining funds associated with the terminated portions of the compact or funding agreement. The Department may:
Transfer funds associated with transportation services provided by the Department of the Interior to the Department of the Interior; or
Distribute any funds not transmitted to the Department of the Interior in accordance with applicable law.
Notes, amendments, and revision history
Authority
Authority: 23 U.S.C. 207
Source
Source: 85 FR 33504, June 1, 2020, unless otherwise noted.