[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: 13CFR145.305]

[Page 559]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 145_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table of 
 
    Subpart C_Responsibilities of Participants Regarding Transactions
 
Sec.  145.305  May I enter into a covered transaction with an excluded or 

disqualified person?

    (a) You as a participant may not enter into a covered transaction 
with an excluded person, unless the SBA grants an exception under Sec.  
145.120.
    (b) You may not enter into any transaction with a person who is 
disqualified from that transaction, unless you have obtained an 
exception under the disqualifying statute, Executive order, or 
regulation.