§ 145.115 - How does an exclusion restrict a person's involvement in covered transactions?  


Latest version.
  • With the exceptions stated in §§ 145.120, 145.315, and 145.420, a person who is excluded by the SBA or any other Federal agency may not:

    (a) Be a participant in a(n) SBA 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.