§ 1471.115. How does an exclusion restrict a person's involvement in covered transactions?
89 words·~1 min read·
/us/cfr/t29/s§ 1471.115·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With the exceptions stated in §§ 1471.120, 1471.315, and 1471.420, a person who is excluded by the Federal Mediation and Conciliation Service or any other Federal agency may not:
(a)Be a participant in a(n) FMCS transaction that is a covered transaction under subpart B of this part;
(b)Be a participant in a transaction of any other Federal agency that is a covered transaction under that agency's regulation for debarment and suspension; or
(c)Act as a principal of a person participating in one of those covered transactions.