23 CFR § 140.601 - Purpose.

---
identifier: "/us/cfr/t23/s140.601"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "23 CFR § 140.601 - Purpose."
title_number: 23
title_name: "Highways"
section_number: "140.601"
section_name: "Purpose."
chapter_name: "FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "B"
subchapter_name: "PAYMENT PROCEDURES"
part_number: "140"
part_name: "REIMBURSEMENT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "23 U.S.C. 101(e), 106, 109(e), 114(a), 120(g), 121, 122, 130, and 315; and 49 CFR 1.48(b)."
cfr_part: "140"
---


# 140.601 Purpose.

To prescribe policies and procedures for the use of Federal funds by State highway agencies (SHAs) to aid in the retirement of the principal and interest of bonds, pursuant to 23 U.S.C. 122 and the payment of interest on bonds of eligible Interstate projects.