§ 705. Research grants. 1. Upon approval of a proposal by the committee, it shall then enter into a contractual relationship with the applicant for the research grant within the limit of the funds available therefor and subject to the following limitations:
a. All grants so provided shall be used for the direct cost of approved projects and shall not be used to supplant funds otherwise available to the applicant or to the institution with which he is affiliated, or for the general cost recoveries which are rightfully the prior obligation of the institution to which the research grant is made.
b. No funds shall be expended for the acquisition, construction or renovation of capital facilities without specific prior written approval by the committee.
c. Payments shall be made upon certified vouchers submitted to the committee, prepared in a format satisfactory to the committee.
2. Copies of grant contracts shall be furnished to the state racing and wagering board, and each of the funds named in section seven hundred three of this article.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
