31 C.F.R. § 19.115 How does an exclusion restrict a person's involvement in covered transactions?
Title 31 - Money and Finance: Treasury
With the exceptions stated in §§19.120, 19.315, and 19.420, a person who is excluded by the Department of the Treasury or any other Federal agency may not: (a) Be a participant in a(n) Department of the Treasury 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 31: Money and Finance: Treasury
PART 19—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart A—General
§ 19.115 How does an exclusion restrict a person's involvement in covered transactions?