34 CFR 674.17 - Federal interest in allocated funds—transfer of Fund.
(a) If an institution responsible for a Federal Perkins Loan fund closes or no longer wants to participate in the program, the Secretary directs the institution to take one of the following steps to protect the outstanding loans and the Federal interest in that Fund:
(b) An institution that assigns outstanding loans under this paragraph relinquishes its interest in those loans.
[52 FR 45747, Dec. 1, 1987, as amended at 59 FR 61415, Nov. 30, 1994; 60 FR 61814, Dec. 1, 1995; 67 FR 67076, Nov. 1, 2002]
Title 34 published on 2014-07-01.
No entries appear in the Federal Register after this date, for 34 CFR Part 674.