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Current as of October 02, 2022 | Updated by FindLaw Staff
A company shall be eligible to receive an award of financial assistance under a covered program only if DOE finds that–
(a) Consistent with § 600.503, the company's participation in a covered program would be in the economic interest of the United States; and
(b) The company is either–
(1) A United States-owned company; or
(2) Incorporated or organized under the laws of any State and has a parent company which is incorporated or organized under the laws of a country which–
(i) Affords to the United States-owned companies opportunities, comparable to those afforded to any other company, to participate in any joint venture similar to those authorized under the Act;
(ii) Affords to United States-owned companies local investment opportunities comparable to those afforded to any other company; and
(iii) Affords adequate and effective protection for the intellectual property rights of United States-owned companies.
Cite this article: FindLaw.com - Code of Federal Regulations Title 10. Energy § 10.600.502 What must DOE determine - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-10-energy/cfr-sect-10-600-502/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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