---
kind: "section"
citation: "5 C.F.R. § 919.305"
title: "5"
number: "919.305"
heading: "May I enter into a covered transaction with an excluded or disqualified person?"
url: "https://uscodex.org/cfr/5/919.305"
---

# §919.305. 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 OPM grants an exception under [§ 919.120](/cfr/5/919.120.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: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327; E.O. 12549, 3 CFR, 1986 Comp., p.189; E.O. 12689, 3 CFR, 1989 Comp., p.235.

### Source

Source: 68 FR 66544, 66561, Nov. 26, 2003, unless otherwise noted. Redesignated at 68 FR 74161, Dec. 23, 2003.