[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: 13CFR145.450]

[Page 562]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 145_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table of 
 
   Subpart D_Responsibilities of SBA Officials Regarding Transactions
 
Sec.  145.450  What action may I take if a primary tier participant fails to 

disclose the information required under Sec.  145.335?

    If you as an agency official determine that a participant failed to 
disclose information, as required by Sec.  145.335, 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.