7 CFR § 1780.42 - Transfer of obligations.

---
identifier: "/us/cfr/t7/s1780.42"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1780.42 - Transfer of obligations."
title_number: 7
title_name: "Agriculture"
section_number: "1780.42"
section_name: "Transfer of obligations."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1780"
part_name: "WATER AND WASTE LOANS AND GRANTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 7 U.S.C. 1989; 16 U.S.C. 1005."
regulatory_source: "62 FR 33478, June 19, 1997, unless otherwise noted."
cfr_part: "1780"
---


# 1780.42 Transfer of obligations.

An obligation of funds established for an applicant may be transferred to a different (substituted) applicant provided:

(a) The substituted applicant is eligible and has the authority to receive the assistance approved for the original applicant; and

(b) The need, purpose(s) and scope of the project for which RUS funds will be used remain substantially unchanged.