7 C.F.R. § 1780.42

Current through September 30, 2024

Section 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.

7 C.F.R. §1780.42