[Code of Federal Regulations]
[Title 22, Volume 1]
[Revised as of April 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 22CFR226]

[Page 1060-1061]
 
                       TITLE 22--FOREIGN RELATIONS
 
            CHAPTER II--AGENCY FOR INTERNATIONAL DEVELOPMENT
 
PART 226_ADMINISTRATION OF ASSISTANCE AWARDS TO U.S. NON-GOVERNMENTAL 
ORGANIZATIONS--Table of Contents
 
                    Subpart C_Post-award Requirements
 
Sec.  226.37  Property trust relationship.

    Real property, equipment, intangible property and debt instruments 
that are acquired or improved with Federal funds shall be held in trust 
by the recipient as trustee for the beneficiaries

[[Page 1061]]

of the project or program under which the property was acquired or 
improved. Recipients shall record liens or other appropriate notices of 
record to indicate that personal or real property has been acquired, 
improved or constructed with Federal funds and that use and disposition 
conditions apply to the property.

                          Procurement Standards