---
kind: "section"
citation: "7 C.F.R. § 1778.23"
title: "7"
number: "1778.23"
heading: "Grant closing and disbursement of funds."
url: "https://uscodex.org/cfr/7/1778.23"
---

# §1778.23. Grant closing and disbursement of funds.

- (a) Grants will be closed in accordance with [§ 1780.45](/cfr/7/1780.45.md) of [part 1780](/cfr/7/part1780.md) of this chapter.
- (b) RUS Bulletin 1780-12, “Water or Waste Grant Agreement,” will be executed by all applicants.
- (c) The Agency's policy is not to disburse grant funds from the Treasury until they are actually needed by the applicant. Grant funds will be disbursed by using multiple advances.

## Notes

### Authority

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 16 U.S.C. 1005.

### Source

Source: 68 FR 46078, Aug. 5, 2003, unless otherwise noted.