New Hampshire Statutes
§ 124:16 — Funds Set Aside
New Hampshire·Title IX ACQUISITION OF LANDS BY UNITED STATES; FEDERAL AID·Ch. 124 FEDERAL AID·Subdivision Audits of Federal Grants
Every state department, board, institution, commission or agency which receives federal funds shall set aside an amount equal to the rate approved in the statewide indirect cost plan of the funds received. The amount set aside shall be used to pay for financial and compliance audits as required by the federal government or by state statute.
Free access — add to your briefcase to read the full text and ask questions with AI
New Hampshire § 124:16 (Funds Set Aside) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1983, 469:84. 2008, 177:15, eff. June 11, 2008.
Nearby Sections
15
§ 124:1
Authority for Seeking Aid§ 124:11-a
Federal Proposals; Indirect Costs§ 124:13
Departments to Submit Plan§ 124:13-a
Disbursement of Energy Overcharge Funds§ 124:13-b
Disbursement of Tobacco-Related Funds§ 124:13-c
Workforce Investment Act Funds§ 124:14
Estimated Federal Funds§ 124:15
Positions Restricted§ 124:15-a
Motorcycle-Only Roadside Checkpoints§ 124:16
Funds Set Aside§ 124:17
Use Restricted§ 124:18
Separate Account Required