34 C.F.R. § 75.614 Grantee must have operational funds.
Title 34 - Education
A grantee shall insure that, when construction is completed, sufficient funds will be available for effective operation and maintenance of the facilities. (Authority: 20 U.S.C. 1221e–3 and 3474)
Title 34: Education
PART 75—DIRECT GRANT PROGRAMS
Subpart E—What Conditions Must Be Met by a Grantee?
§ 75.614 Grantee must have operational funds.
