22 CFR 64.10 – Grant not to constitute a gift
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A grant made under an approved program shall not constitute a gift for purposes of 22 CFR 10.735-203 and Section 7342 of Title 5, United States Code.
Terms Used In 22 CFR 64.10
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.