Regulations last checked for updates: Nov 24, 2024

Title 15 - Commerce and Foreign Trade last revised: Oct 25, 2024
§ 295.23 - Dissolution of joint research and development ventures.

Upon dissolution of any joint research and development venture receiving funds under these procedures or at a time otherwise agreed upon, the Federal Government shall be entitled to a share of the residual assets of the joint venture proportional to the Federal share of the costs of the joint venture as determined by independent audit.

authority: 15 U.S.C. 278n.
source: 55 FR 30145, July 24, 1990, unless otherwise noted.
cite as: 15 CFR 295.23