StacksVerified U.S. regulatory reference

45 CFR §1623.2

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
For the purposes of this part the definitions in 45 CFR part 1606 shall apply and also: Suspension means an action taken during the term of the recipient's current year's grant or contract with the Corporation that withholds financial assistance to a recipient, in whole or in part, until the end of the suspension period pending prompt corrective action by the recipient or a decision by the Corporation to initiate termination proceedings.