StacksVerified U.S. regulatory reference

31 U.S.C. § 6306

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov
The head of an executive agency may vest title in tangible personal property in a nonprofit institution of higher education or in a nonprofit organization whose primary purpose is conducting scientific research—
  1. (1)when the property is bought with amounts provided under a procurement contract, grant agreement, or cooperative agreement with the institution or organization to conduct basic or applied scientific research;
  2. (2)when the head of the agency decides the vesting furthers the objectives of the agency;
  3. (3)without further obligation to the United States Government; and
  4. (4)under conditions the head of the agency considers appropriate.