29 CFR 37.21 - How long will the recipient's obligation under the assurance last, and how broad is the obligation?
(a) Where the WIA Title I financial assistance is intended to provide, or is in the form of, either personal property, real property, structures on real property, or interest in any such property or structures, the assurance will obligate the recipient, or (in the case of a subsequent transfer) the transferee, for the longer of:
(ii) The transferee retains ownership or possession of the property without compensating the Departmental grantmaking agency for the fair market value of that ownership or possession.
Title 29 published on 2013-07-01
no entries appear in the Federal Register after this date.