[Code of Federal Regulations]
[Title 7, Volume 11]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1775.22]

[Page 997]
 
                          TITLE 7--AGRICULTURE
 
    CHAPTER XVII--RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
 
PART 1775--TECHNICAL ASSISTANCE AND TRAINING GRANTS--Table of Contents
 
Sec. 1775.22  Fund disbursement.

    Grantees will be reimbursed as follows:
    (a) Standard Form (SF) 270, ``Request for Advance or 
Reimbursement,'' will be completed by the applicant and submitted to the 
National Office not more frequently than monthly.
    (b) Upon receipt of a properly completed SF 270, the funds will be 
requested through the field office terminal system. Ordinarily, payment 
will be made within 30 days after receipt of a proper request for 
reimbursement.
    (c) Grantees are encouraged to use minority banks (a bank which is 
owned by at least 50 percent minority group members) for the deposit and 
disbursement of funds. A list of minority owned banks can be obtained 
from the Office of Minority Business Enterprise, Department of Commerce, 
Washington, DC 20230.