§ 19.425. When do I check to see if a person is excluded or disqualified?
72 words·~1 min read·
/us/cfr/t31/s§ 19.425·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As an agency official, you must check to see if a person is excluded or disqualified before you---
(a)Enter into a primary tier covered transaction;
(b)Approve a principal in a primary tier covered transaction;
(c)Approve a lower tier participant if agency approval of the lower tier participant is required; or
(d)Approve a principal in connection with a lower tier transaction if agency approval of the principal is required.