(a) A qualified entity, other than a State or local government agency or tribal government, shall establish a Reserve Fund for use in the Assets for Independence program. Each reserve fund established by a qualified entity, other than a State or local government agency or tribal government, is subject to the Department of Health and Human Services’ uniform administrative requirements under 45 CFR part 75.

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Terms Used In 45 CFR 1000.3

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

(b) Any reserve fund established by a qualified entity that is a State or local government agency or tribal government is subject to the Department of Health and Human Services’ uniform administrative requirements under 45 CFR part 75.

[66 FR 48972, Sept. 25, 2001, as amended at 81 FR 3021, Jan. 20, 2016]