31 C.F.R. § 205.21 When may clearance patterns be used?
Title 31 - Money and Finance: Treasury
(a) A State may develop a clearance pattern for: (1) An individual Federal assistance program; (2) A logical group of Federal assistance programs that have the same disbursement method and type of payee; (3) A bank account; (4) A specific type of payment, such as payroll or vendor payments; or (5) Anything that is agreed upon by us and a State. If a clearance pattern is used for multiple Federal assistance programs, a State must apply the clearance pattern separately to each Federal assistance program when scheduling funds transfers or calculating interest. (b) As set forth in §205.9, a Treasury-State agreement must include the method a State uses to develop and maintain clearance patterns.
Title 31: Money and Finance: Treasury
PART 205—RULES AND PROCEDURES FOR EFFICIENT FEDERAL-STATE FUNDS TRANSFERS
Subpart A—Rules Applicable to Federal Assistance Programs Included in a Treasury-State Agreement
§ 205.21 When may clearance patterns be used?
