1. Regulations
  2. title 29
  3. chapter XII
  4. part 1471
  5. subpart C
  6. subjgrp 12
  7. § 1471.365

View all text of Subjgrp 12 [§ 1471.355 - § 1471.365]

§ 1471.365 - 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 § 1471.355; or

(b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 1471.355.

AUTHORITY: E.O. 12549 ,3 CFR 1986 Comp., p. 189; E.O. 12698, 3 CFR 1989 Comp., p. 235; sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 29 U.S.C. 175a.

SOURCE: 68 FR 66544, 66603, 66604, Nov. 26, 2003, unless otherwise noted.

CITE AS: 29 CFR 1471.365