A grantee may make transfers as specified in 2 CFR 200.308 unless—

1. (a) ED regulations other than those in 2 CFR part 200 or a statute prohibit these transfers; or
2. (b) The conditions of the grant prohibit these transfers.

[79 FR 76092, Dec. 19, 2014, as amended at 89 FR 70329, Aug. 29, 2024]