Federal Financial Assistance Law and Legal Definition
According to 10 CFR 4.4 (Title 10 –Energy, Chapter I; Nuclear Regulatory Commission; Part 4 - Nondiscrimination In Federally Assisted Programs Or Activities Receiving Federal Financial Assistance From The Commission; General Provisions), Federal financial assistance means “any grant, entitlement, loan, cooperative agreement, contract (other than a procurement contract or a contract of insurance or guaranty), or any other arrangement by which NRC provides or otherwise makes available assistance in the form of --
(1) Funds;
(2) Services of Federal personnel or other personnel at Federal expense; or
(3) Real and personal property or any interest in or use of property, including --
(i) Transfers or leases of property for less than fair market value or for reduced consideration;
(ii) Proceeds from a subsequent transfer or lease of property if the Federal share of its fair market value is not returned to the Federal Government; and the
(iii) Sale and lease of, and the permission to use (other than on casual or transient basis) Federal property or any interest in such property without consideration or at a nominal consideration, or at a consideration which is reduced for the purpose of assisting the recipient, or in recognition of the public interest to be served by such sale or lease to the recipient.”
Legal Definition list
- Federal Farm Loan Act
- Federal Farm Credit Bank
- Federal Family Education Loan (FFEL) Programs [Education]
- Federal Facility
- Federal Entity for Lending Regulation
- Federal Financial Assistance
- Federal Financial Assistance [Education]
- Federal Financial Institutions Examination Council
- Federal Financial Institutions Regulatory Agencies [Banks & Banking]
- Federal Financing Bank
- Federal Financing Bank [FFB]
Related Legal Terms
- Academy of Financial Divorce Practitioners
- Accompanying the Federal Government Outside the United States
- Acquisition Assistance [Transportation]
- Active Voters [Federal Elections]
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
- Administrative Committee of the Federal Register
- Administrative Governor [Federal Reserve System]
- Adoption Assistance and Child Welfare Act of 1980
- Advisory and Assistance Services
