§ 180.365. What must I do if I learn of information required under § 180.355 after entering into a covered transaction with a higher tier participant?
69 words·~1 min read·
/us/cfr/t2/s§ 180.365·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At any time after you enter into a lower tier covered transaction with a person at a higher tier, you must provide immediate written notice to that person if you learn either that:
(a)You failed to disclose information earlier, as required by § 180.355; or
(b)Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 180.355.