§ 98.365 - What must I do if I learn of information required under 98.355 after entering into a covered transaction with a higher tier participant?


Latest version.
  • 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 §98.355; or

    (b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in §98.355.