22 C.F.R. § 137.115 How does an exclusion restrict a person's involvement in covered transactions?
Title 22 - Foreign Relations
With the exceptions stated in §§137.120, 137.315, and 137.420, a person who is excluded by the Department of State or any other Federal agency may not: (a) Be a participant in a Department of State 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 22: Foreign Relations
PART 137—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart A—General
§ 137.115 How does an exclusion restrict a person's involvement in covered transactions?