[Code of Federal Regulations]

[Title 42, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 42CFR23.32]



[Page 94]

 

                         TITLE 42--PUBLIC HEALTH

 

    CHAPTER I--PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN 

                                SERVICES

 

PART 23_NATIONAL HEALTH SERVICE CORPS--Table of Contents

 

    Subpart B_Private Practice Special Loans for Former Corps Members

 

Sec. 23.32  What conditions are imposed on the use of the loan funds?



    (a) The borrower must use the total amount of the loan to purchase 

or lease, or both, equipment and supplies, to hire authorized personnel 

to assist in providing health services and/or to renovate facilities for 

use in providing health services in his or her private practice. 

Equipment and supplies purchased and/or leased, personnel hired and 

facilities renovated shall be limited to the items requested in the loan 

application and approved by the Secretary.

    (b) The borrower must expend the loan funds within 6 months from the 

date of the loan or within such other time as the Secretary may approve. 

Documentation of the expenditure of funds must be furnished to the 

Secretary upon request.