---
kind: "section"
citation: "29 C.F.R. § 1471.365"
title: "29"
number: "1471.365"
heading: "What must I do if I learn of information required under § 1471.355 after entering into a covered transaction with a higher tier participant?"
url: "https://uscodex.org/cfr/29/1471.365"
---

# §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?


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 [§ 1471.355](/cfr/29/1471.355.md); or
- (b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in [§ 1471.355](/cfr/29/1471.355.md).

## 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.