§ 2553.71 What is the process for application and award of a grant?
§ 2553.72 What are project funding requirements?
§ 2553.73 What are a sponsor’s legal requirements in managing grants?

Terms Used In CFR > Title 45 > Subtitle B > Chapter XXV > Part 2553 > Subpart G - Application and Fiscal Requirements

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.