[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: 24CFR24.450]



[Page 256]

 

                 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.  24.450  What action may I take if a primary tier participant 

fails to disclose the information required under Sec.  24.335?



    If you as an agency official determine that a participant failed to 

disclose information, as required by Sec.  24.335, at the time it 

entered into a covered transaction with you, you may--

    (a) Terminate the transaction for material failure to comply with 

the terms and conditions of the transaction; or

    (b) Pursue any other available remedies, including suspension and 

debarment.