24 C.F.R. § 24.115 How does an exclusion restrict a person's involvement in covered transactions?
Title 24 - Housing and Urban Development
With the exceptions stated in §§24.120, 24.315, and 24.420, a person who is excluded by the Department of Housing and Urban Development or any other Federal agency may not: (a) Be a participant in a(n) HUD 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 24: Housing and Urban Development
PART 24—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart A—General
§ 24.115 How does an exclusion restrict a person's involvement in covered transactions?