1. Regulations
  2. title 22
  3. chapter XV
  4. part 1508
  5. subpart C
  6. subjgrp 13
  7. § 1508.320

View all text of Subjgrp 13 [§ 1508.300 - § 1508.330]

§ 1508.320 - Must I verify that principals of my covered transactions are eligible to participate?

Yes, you as a participant are responsible for determining whether any of your principals of your covered transactions is excluded or disqualified from participating in the transaction. You may decide the method and frequency by which you do so. You may, but you are not required to, check the EPLS.

AUTHORITY: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.

SOURCE: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.

CITE AS: 22 CFR 1508.320