12 CFR § 1806.301 - Restrictions of use of award.

---
identifier: "/us/cfr/t12/s1806.301"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1806.301 - Restrictions of use of award."
title_number: 12
title_name: "Banks and Banking"
section_number: "1806.301"
section_name: "Restrictions of use of award."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1806"
part_name: "BANK ENTERPRISE AWARD PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1834a, 4703, 4703 note, 4713, 4717; 31 U.S.C. 321."
regulatory_source: "81 FR 52743, Aug. 10, 2016, unless otherwise noted."
cfr_part: "1806"
---


# 1806.301 Restrictions of use of award.

A Recipient may not distribute BEA Program Award funds to an Affiliate without the CDFI Fund's prior written consent.