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5 CFR 9001.109

§ 9001.109 Prohibited purchase of assets.

United States · 5 CFR — Administrative Personnel · Status: effective

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5 CFR 9001.109, § 9001.109 Prohibited purchase of assets, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/11549
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Full text

An employee or the employee's spouse or minor children shall not purchase, directly or indirectly, any real or personal property from a regulated entity, unless it is sold at public auction or by other means which would assure that the selling price is the asset's fair market value.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.