[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR145.115]

[Page 557]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 145_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table of 
 
                            Subpart A_General
 
Sec.  145.115  How does an exclusion restrict a person's involvement in 

covered transactions?

    With the exceptions stated in Sec. Sec.  145.120, 145.315, and 
145.420, a person who is excluded by the SBA or any other Federal agency 
may not:
    (a) Be a participant in a(n) SBA 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.