[Code of Federal Regulations]
[Title 15, Volume 1, Parts 0 to 299]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR295.23]

[Page 461]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
 CHAPTER II--NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY, DEPARTMENT 
                               OF COMMERCE
 
PART 295--ADVANCED TECHNOLOGY PROGRAM--Table of Contents
 
 Subpart B--Assistance to United States Industry-Led Joint Research and 
                          Development Ventures
 
Sec. 295.23  Dissolution of joint research and development ventures.

    Upon dissolution of any joint research and development venture 
receiving funds under these procedures or at a time otherwise agreed 
upon, the Federal Government shall be entitled to a share of the 
residual assets of the joint venture proportional to the Federal share 
of the costs of the joint venture as determined by independent audit.