Regulations last checked for updates: May 15, 2024

Title 2 - Grants and Agreements last revised: May 01, 2024
§ 25.465 - Successor.

Successor means a non-Federal entity that has replaced a predecessor by acquiring the assets and carrying out the affairs of the predecessor under a new name (often through acquisition or merger). The term “successor” does not include new offices or divisions of the same company or a company that only changes its name.

authority: Pub. L. 109-282; 31 U.S.C. 6102.
source: 75 FR 55673, Sept. 14, 2010, unless otherwise noted.
cite as: 2 CFR 25.465