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e-CFR data is current as of April 16, 2021

Title 7Subtitle BChapter XVIIPart 1780Subpart B → §1780.42


Title 7: Agriculture
PART 1780—WATER AND WASTE LOANS AND GRANTS
Subpart B—Loan and Grant Application Processing


§1780.42   Transfer of obligations.

An obligation of funds established for an applicant may be transferred to a different (substituted) applicant provided:

(a) The substituted applicant is eligible and has the authority to receive the assistance approved for the original applicant; and

(b) The need, purpose(s) and scope of the project for which RUS funds will be used remain substantially unchanged.

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