13 C.F.R. § 145.115 How does an exclusion restrict a person's involvement in covered transactions?
Title 13 - Business Credit and Assistance
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.
Title 13: Business Credit and Assistance
PART 145—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart A—General
§ 145.115 How does an exclusion restrict a person's involvement in covered transactions?
