12 C.F.R. § 413.420 May I approve a transaction with an excluded or disqualified person at a lower tier?
Title 12 - Banks and Banking
If a transaction at a lower tier is subject to your approval, you as an agency official may not approve— (a) A covered transaction with a person who is currently excluded, unless you obtain an exception under §413.120; or (b) A transaction with a person who is disqualified from that transaction, unless you obtain a waiver or exception under the statute, Executive order, or regulation that is the basis for the person's disqualification.
Title 12: Banks and Banking
PART 413—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart D—Responsibilities of Ex-Im Bank Officials Regarding Transactions
§ 413.420 May I approve a transaction with an excluded or disqualified person at a lower tier?
