[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: 7CFR1778.23]

[Page 1006]
 
                          TITLE 7--AGRICULTURE
 
    CHAPTER XVII--RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
 
PART 1778--EMERGENCY COMMUNITY WATER ASSISTANCE GRANTS--Table of Contents
 
Sec. 1778.23  Grant closing and disbursement of funds.

    (a) Grants will be closed in accordance with Sec. 1780.45 of this 
chapter.
    (b) RUS Bulletin 1780-12, ``Water or Waste Grant Agreement,'' will 
be executed by all applicants. State Program Officials are authorized to 
execute the agreement on behalf of the Agency.
    (c) The grant will be considered closed on the date RUS Bulletin 
1780-12 is signed by the Agency. The Finance Office will be notified of 
the grant closing date. The Agency will retain the original of the Grant 
Agreement.
    (d) The Agency's policy is not to disburse grant funds from the 
Treasury until they are actually needed by the applicant. Grant funds 
will be disbursed by using multiple advances.