§1471.365. What must I do if I learn of information required under § 1471.355 after entering into a covered transaction with a higher tier participant?
29 C.F.R. § 1471.365
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 § 1471.355; or
Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 1471.355.
Notes, amendments, and revision history
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.