2 CFR 180.365 - What must I do if I learn of information required under after entering into a covered transaction with a higher tier participant?

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Jun 03, 2023

View all text of Subpart C [§ 180.300 - § 180.365]

§ 180.365 - What must I do if I learn of information required under after entering into a covered transaction with a higher tier participant?

At any time after you enter into a lower tier covered transaction with a person at a higher tier, you must provide immediate written notice to that person if you learn either that—

(a) You failed to disclose information earlier, as required by § 180.355; or

(b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 180.355.