49 CFR 29.603 - How are funds distributed when a Tribe fully or partially withdraws from a compact and funding agreement administered by a consortium serving more than one Tribe, and the withdrawing Tribe elects not to or is ineligible to enter into a compact and funding agreement?

Regulations last checked for updates: Apr 28, 2024

Title 49 - Transportation last revised: Apr 11, 2024

View all text of Subpart G [§ 29.600 - § 29.603]

§ 29.603 - How are funds distributed when a Tribe fully or partially withdraws from a compact and funding agreement administered by a consortium serving more than one Tribe, and the withdrawing Tribe elects not to or is ineligible to enter into a compact and funding agreement?

Unless otherwise agreed to by the consortium and the withdrawing Tribe, the consortium must return to the Department all funds not obligated and expended by the consortium associated with the withdrawing Tribe when the withdrawing Tribe elects not to or is ineligible to enter into a compact and funding agreement.

authority: 23 U.S.C. 207

source: 85 FR 33504, June 1, 2020, unless otherwise noted.

cite as: 49 CFR 29.603