US CODE: Title 31,6306. Authority to vest title in tangible personal property for research

TITLE 31 > SUBTITLE V > CHAPTER 63 > § 6306

§ 6306. Authority to vest title in tangible personal property for research

The head of an executive agency may vest title in tangible personal property in a nonprofit institution of higher education or in a nonprofit organization whose primary purpose is conducting scientific research—

(1) when the property is bought with amounts provided under a procurement contract, grant agreement, or cooperative agreement with the institution or organization to conduct basic or applied scientific research;

(2) when the head of the agency decides the vesting furthers the objectives of the agency;

(3) without further obligation to the United States Government; and

(4) under conditions the head of the agency considers appropriate.

Notes
No Pending Update(s)
Parallel authorities (CFR)
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