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(a) If a grantee fails to comply with the terms of a grant or of 15 AAC 154.700 - 15 AAC 154.835, the Corporation may, after providing the grantee with written notice of the failure to comply, suspend the grant. A grantee may not use grant money to pay an obligation incurred during the period of the suspension; however, the grantee may pay an obligation incurred before the period of suspension, if the grantee obtains the approval of the Corporation and if payment of the obligation would otherwise be allowed under this chapter or under the terms of the grant. A suspension under this subsection remains in effect until the grantee takes corrective action and provides proof of the corrective action satisfactory to the Corporation, until the grantee successfully appeals the suspension, or until the Corporation or grantee terminates the grant.
History: Eff. 6/11/96, Register 139
Authority: AS 18.55.100
Publisher's note: As enacted, this section did not contain a subsection (b).
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Last modified 7/05/2006