Deobligation of grant funds may result for failure to ensure, at any time during the grant period, compliance with the following:
  (1) expenditure benchmarks;
  (2) performance benchmarks;
  (3) timely resolution of monitoring findings;
  (4) Corrective Action Plan, unless an appeal under Subchapter E of this chapter is yet to be finalized;
  (5) periodic reporting requirements as specified in the Grant Agreement; and/or
  (6) material breach of Grant Agreement.

Source Note: The provisions of this §460.41 adopted to be effective June 8, 2011, 36 TexReg 3508