TITLE 71: PUBLIC BUILDINGS, FACILITIES, AND REAL PROPERTY
CHAPTER I: CAPITAL DEVELOPMENT BOARD
SUBCHAPTER a: RULES
PART 41 GRANT AGREEMENT PROCEDURES
SECTION 41.90 INTEREST


 

Section 41.90  Interest

 

Interest earned on grant funds held by the grantee shall not change the amount of the grant and shall not be a set-off on future payments of the grant funds.  Unless otherwise stated in the grant agreement, interest may be used by the grantee for the project or any other capital improvement.