1. Regulations
  2. title 22
  3. chapter V
  4. part 518
  5. subpart C
  6. subjgrp 9
  7. § 518.31

View all text of Subjgrp 9 [§ 518.30 - § 518.37]

§ 518.31 - Insurance coverage.

Recipients shall, at a minimum, provide the equivalent insurance coverage for real property and equipment acquired with Federal funds as provided to property owned by the recipient. Federally-owned property need not be insured unless required by the terms and conditions of the award.

AUTHORITY: 22 U.S.C. 2658; 31 U.S.C. 503 and 1111; Reorganization Plan No. 2 of 1977, 42 FR 62461, 3 CFR, 1977 Comp. p. 200; E.O. 12048, 43 FR 13361, 3 CFR, 1978 Comp. p. 168.

SOURCE: 59 FR 39440, Aug. 3, 1994, unless otherwise noted.

CITE AS: 22 CFR 518.31