34 C.F.R. § 303.223

Control of funds and property

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The State must ensure that—

(a) The control of funds provided under this part, and title to property acquired with those funds, will be in a public agency for the uses and purposes provided in this part; and

(b) A public agency will administer the funds and property.

(Approved by Office of Management and Budget under control number 1820-0550) (Authority: 20 U.S.C. 1437(b)(3))