[Code of Federal Regulations]
[Title 7, Volume 15]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR3419.7]

[Page 417]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XXXIV--COOPERATIVE STATE RESEARCH, EDUCATION, AND EXTENSION 
                   SERVICE, DEPARTMENT OF AGRICULTURE
 
PART 3419_MATCHING FUNDS REQUIREMENT FOR AGRICULTURAL RESEARCH AND 
 
Sec. 3419.7  Redistribution of funds.

    All formula funds not matched and reported under Sec. 3419.5 by 
July 1 of each fiscal year will be reapportioned to the other eligible 
institutions who have satisfied their current fiscal year requirement 
for matching funds for the formula funds. Unmatched research and 
extension funds will be reapportioned in accordance with the research 
and extension statutory distribution formulas applicable to the 1890 and 
1862 land-grant institutions, respectively. Any redistribution of funds 
shall be subject to the same matching requirement under Sec. 3419.2.

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