What must I require of a primary tier participant?

CFR · 2024-01-01 · US · Title 2

You as a Federal agency official must require each participant in a primary tier covered transaction to— (a) Comply with subpart C of this part as a condition of participation in the transaction; and (b) Communicate the requirement to comply with subpart C of this part to persons at the next lower tier with whom the primary tier participant enters into covered transactions.

official document · source cfr-2024 · id 2:§ 180.435