StacksVerified U.S. regulatory reference

45 CFR §1623.1

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The purpose of this rule is to:
  1. (a)Ensure that the Corporation is able to take prompt action when necessary to safeguard LSC funds or to ensure the compliance of a recipient with applicable provisions of law, or a rule, regulation, guideline or instruction issued by the Corporation, or the terms and conditions of a recipient's grant or contract with the Corporation; and
  2. (b)Provide procedures for prompt review that will ensure informed deliberation by the Corporation when it has made a proposed determination that financial assistance to a recipient should be suspended.