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Current as of October 02, 2022 | Updated by FindLaw Staff
Grant means an award of financial assistance that, consistent with 31 U.S.C. 6304, is used to enter into a relationship—
(a) The principal purpose of which is to transfer a thing of value to the recipient to carry out a public purpose of support or stimulation authorized by a law of the United States, rather than to acquire property or services for the Federal Government's direct benefit or use; and
(b) In which substantial involvement is not expected between the Federal agency and the recipient when carrying out the activity contemplated by the award.
Cite this article: FindLaw.com - Code of Federal Regulations Title 22. Foreign Relations § 22.1008.650 Grant - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-22-foreign-relations/cfr-sect-22-1008-650/
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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