[Code of Federal Regulations]

[Title 7, Volume 15]

[Revised as of January 1, 2006]

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

[CITE: 7CFR3015.44]



[Page 112]

 

                          TITLE 7--AGRICULTURE

 

                         CHAPTER XXX--OFFICE OF

                      THE CHIEF FINANCIAL OFFICER,

                        DEPARTMENT OF AGRICULTURE

 

PART 3015_UNIFORM FEDERAL ASSISTANCE REGULATIONS--Table of Contents

 

                     Subpart F_Grant Related Income

 

Sec. 3015.44  Royalties or equivalent income earned from patents or from 

inventions.



    Disposition of royalties or equivalent income earned on patents or 

inventions arising out of activities assisted by a grant or subgrant 

shall be governed by the provisions of the grant or subgrant agreement. 

If the agreement does not provide for the disposition of the royalties 

or equivalent income, the disposition shall be in accordance with the 

recipient's own policies.