31 CFR 19.435
§ 19.435 What must I require of a primary tier participant?
United States · 31 CFR — Money and Finance: Treasury · Status: effective
Cite this
- Citation
- 31 CFR 19.435, § 19.435 What must I require of a primary tier participant?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/138652
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Full text
You as an agency official must require each participant in a primary tier covered transaction to—
(a) Comply with subpart C of this part as a condition of participation in the transaction; and
(b) Communicate the requirement to comply with Subpart C of this part to persons at the next lower tier with whom the primary tier participant enters into covered transactions.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.