---
kind: "section"
citation: "22 C.F.R. § 1508.995"
title: "22"
number: "1508.995"
heading: "Principal."
url: "https://uscodex.org/cfr/22/1508.995"
---

# §1508.995. Principal.


Principal means—

- (a) An officer, director, owner, partner, principal investigator, or other person within a participant with management or supervisory responsibilities related to a covered transaction; or
- (b) A consultant or other person, whether or not employed by the participant or paid with Federal funds, who—
  - (1) Is in a position to handle Federal funds;
  - (2) Is in a position to influence or control the use of those funds; or,
  - (3) Occupies a technical or professional position capable of substantially influencing the development or outcome of an activity required to perform the covered transaction.

## Notes

### 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.