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5 CFR 919.330

§ 919.330 What requirements must I pass down to persons at lower tiers with whom I intend to do business?

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

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5 CFR 919.330, § 919.330 What requirements must I pass down to persons at lower tiers with whom I intend to do business?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/9235
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Before entering into a covered transaction with a participant at the next lower tier, you must require that participant to— (a) Comply with this subpart as a condition of participation in the transaction. You may do so using any method(s), unless § 919.440 requires you to use specific methods. (b) Pass the requirement to comply with this subpart to each person with whom the participant enters into a covered transaction at the next lower tier.

Legislative history

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