§ 3485.330. What methods must I use to pass requirements down to participants at lower tiers with whom I intend to do business?
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/us/cfr/t2/s§ 3485.330·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Before entering into a covered transaction with a participant at the next lower tier, you must require that participant to---
(1)Comply with this subpart as a condition of participation in the transaction. You must do so using the method specified in paragraph
(b)of this section; and
(2)Pass the requirement to comply with this subpart to each person with whom the participant enters into a covered transaction at the next lower tier.
(b)To communicate the requirements in this part to a participant, you must include a term or condition in the transaction that requires the participant's compliance with part 180, subpart C, of this title, as adopted at § 3485.12, and requires the participant to include a similar term or condition in lower-tier covered transactions.
(c)The failure of a participant to include a requirement to comply with Subpart C of 2 CFR part 180 in the agreement with a lower tier participant does not affect the lower tier participant's responsibilities under this part. (Authority: E.O. 12549 (3 CFR 1986 Comp., p. 189); E.O. 12689 (3 CFR 1989 Comp., p. 235); sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 20 U.S.C. 1082, 1094, 1221e-3, and 3474)
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- 2 CFR 180
- 3 CFR 1986
- 3 CFR 1989
- Pub. L. 103-355
- 108 Stat. 3327
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cites case law
§ 3485.330
What methods must I use to pass requirements down to participants at lower tiers with whom I intend to do business?
Cite2 CFR 180
Cite3 CFR 1986
Cite3 CFR 1989
Pub. L.Pub. L. 103-355
Stat.108 Stat. 3327
Cites 7Cited by 0 across 0 sources