[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR24.405]



[Page 254]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 24_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table 

of Contents

 

   Subpart D_Responsibilities of HUD Officials Regarding Transactions

 

Sec.  24.405  May I enter into a covered transaction with a participant 

if a principal of the transaction is excluded?



    As an agency official, you may not enter into a covered transaction 

with a participant if you know that a principal of the transaction is 

excluded, unless you obtain an exception under Sec.  24.120.



[[Page 255]]