29 CFR 1471.405 - May I enter into a covered transaction with a participant if a principal of the transaction is excluded?

Regulations last checked for updates: May 02, 2025

Title 29 - Labor last revised: Apr 30, 2025

View all text of Subpart D [§ 1471.400 - § 1471.455]

§ 1471.405 - May I enter into a covered transaction with a participant if a principal of the transaction is excluded?

As an agency official, you may not enter into a covered transaction with a participant if you know that a principal of the transaction is excluded, unless you obtain an exception under § 1471.120.

authority: E.O. 12549 ,3 CFR 1986 Comp., p. 189; E.O. 12698, 3 CFR 1989 Comp., p. 235; sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 29 U.S.C. 175a.

source: 68 FR 66544, 66603, 66604, Nov. 26, 2003, unless otherwise noted.

cite as: 29 CFR 1471.405