---
kind: "section"
citation: "29 C.F.R. § 1471.305"
title: "29"
number: "1471.305"
heading: "May I enter into a covered transaction with an excluded or disqualified person?"
url: "https://uscodex.org/cfr/29/1471.305"
---

# §1471.305. May I enter into a covered transaction with an excluded or disqualified person?

- (a) You as a participant may not enter into a covered transaction with an excluded person, unless the Federal Mediation and Conciliation Service grants an exception under [§ 1471.120](/cfr/29/1471.120.md).
- (b) You may not enter into any transaction with a person who is disqualified from that transaction, unless you have obtained an exception under the disqualifying statute, Executive order, or regulation.

## Notes

### Authority

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

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