§550.122. Vesting of title.
7 C.F.R. § 550.122
Title to equipment and supplies and other tangible personal property will vest in the Cooperator as described in 2 CFR 200.313 and 200.314, unless otherwise specified in the award. (7 U.S.C. 3318(d))
Notes, amendments, and revision history
Authority
Authority: Section 1472(b) of the National Agricultural Research, Extension, and Teaching Policy Act of 1977, as amended (7 U.S.C. 3318(b)).
Source
Source: 81 FR 69999, Oct. 11, 2016, unless otherwise noted.