42 U.S. Code § 3154c - Direct expenditure or redistribution by recipient

§ 3154c.
Direct expenditure or redistribution by recipient
(a) In general

Subject to subsection (b) of this section, a recipient of a grant under section 3141, 3143, or 3147 of this title

(b) Limitation

A recipient may not redistribute grant funds received under section 3141 or 3143 of this title

(c) Economic adjustment

Subject to subsection (d) of this section, a recipient of a grant under section 3149 of this title may directly expend the grant funds or may redistribute the funds to public and private entities in the form of a grant, loan, loan guarantee, payment to reduce interest on a loan guarantee, or other appropriate assistance.

(d) Limitation

Under subsection (c) of this section, a recipient may not provide any grant to a private for-profit entity.

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13 CFR - Business Credit and Assistance

13 CFR Part 309 - REDISTRIBUTIONS OF INVESTMENT ASSISTANCE

 

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