---
kind: "section"
citation: "31 C.F.R. § 550.205"
title: "31"
number: "550.205"
heading: "Exempt transactions."
url: "https://uscodex.org/cfr/31/550.205"
---

# §550.205. Exempt transactions.

- (a) **Personal communications.** The prohibitions contained in this part do not apply to any postal, telegraphic, telephonic, or other personal communication that does not involve the transfer of anything of value.
- (b) **Official business.** The prohibitions contained in [§ 550.201(a)](/cfr/31/550.201.md?p=a) do not apply to any transactions for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof.

## Notes

### Authority

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 14046, 86 FR 52389, 3 CFR, 2022 Comp., p. 549.

### Source

Source: 87 FR 7374, Feb. 9, 2022, unless otherwise noted.