§1508.365. What must I do if I learn of information required under § 1508.355 after entering into a covered transaction with a higher tier participant?
22 C.F.R. § 1508.365
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—
You failed to disclose information earlier, as required by § 1508.355; or
Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 1508.355.
Notes, amendments, and revision history
Authority
Authority: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.
Source
Source: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.