---
kind: "section"
citation: "2 C.F.R. § 180.365"
title: "2"
number: "180.365"
heading: "What must I do if I learn of information required under § 180.355 after entering into a covered transaction with a higher tier participant?"
url: "https://uscodex.org/cfr/2/180.365"
---

# §180.365. What must I do if I learn of information required under § 180.355 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](/cfr/2/180.355.md); or
- (b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in [§ 180.355](/cfr/2/180.355.md).

## Notes

### Authority

Authority: 31 U.S.C. 503; 31 U.S.C. 6102; 31 U.S.C. 6307; Pub. L. 103-355; Pub. L. 109-282; Pub. L. 110-252; Pub. L. 111-84; Pub. L. 113-101Pub. L. 115-232; Pub. L. 117-40; E.O. 12549; E.O. 12689.

### Source

Source: 89 FR 30115, Apr. 22, 2024, unless otherwise noted.