Md. Code Regs. 08.05.01.04

Current through Register Vol. 51, No. 24, December 2, 2024

Section 08.05.01.04 - Time Limitation on Funds

A. The Rural Legacy Board may establish time limitations on the use of funds within the period of time stipulated within a grant agreement.

B. The Rural Legacy Board may monitor the timely expenditure of funds by a sponsor and reallocate any unused funds.

Regulations .04 adopted as an emergency provision effective August 22, 1997 (24:19 Md. R. 1334); adopted permanently effective December 29, 1997 (24:26 Md. R. 1757)