25 CFR § 286.20 - Disbursement of grant funds.

---
identifier: "/us/cfr/t25/s286.20"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "25 CFR § 286.20 - Disbursement of grant funds."
title_number: 25
title_name: "Indians"
section_number: "286.20"
section_name: "Disbursement of grant funds."
chapter_name: "BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR"
subchapter_number: "N"
subchapter_name: "ECONOMIC ENTERPRISES"
part_number: "286"
part_name: "INDIAN BUSINESS DEVELOPMENT PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "25 U.S.C. 1524."
regulatory_source: "39 FR 44748, Dec. 27, 1974, unless otherwise noted. Redesignated at 47 FR 13328, Mar. 30, 1982."
cfr_part: "286"
---


# 286.20 Disbursement of grant funds.

Unless otherwise provided by an agreement between a lender and the grantee, the Assistant Secretary may in his discretion advance grant funds directly to a grantee. He may require the funds to be deposited in a special account at the appropriate Agency headquarters office or deposited in a joint account in a bank and disbursed as needed by the grantee. The terms of a lender's loan agreement may require the lender's approval before disbursement of the funds. Grant funds will not be disbursed to a grantee until the Assistant Secretary has been informed by the lender that a loan has been approved for the grantee in the amount of the loan financing needed.