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e-CFR data is current as of February 26, 2021

Title 45Subtitle BChapter XXVPart 2530 → §2530.40


Title 45: Public Welfare
PART 2530—TRANSFER OF EDUCATION AWARDS


§2530.40   Is there a limit on the number of individuals one may designate to receive a transferred award?

(a) General Limitation. For each award an individual earns as a result of successfully completing a single term of service, an individual may transfer all or part of the award to a single designated individual. An individual may not transfer a single award attributable to successful completion of a single term of service to more than one designated individual.

(b) Re-transfer. If a designated individual rejects a transferred award in full, or the Corporation otherwise determines that a transfer was revoked for good cause in accordance with §2530.80(c), the transferring individual may designate another individual to receive the transferred award.

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