29 CFR 1471.330 – What requirements must I pass down to persons at lower tiers with whom I intend to do business?
Current as of: 2024 | Check for updates
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Before entering into a covered transaction with a participant at the next lower tier, you must require that participant to—
(a) Comply with this subpart as a condition of participation in the transaction. You may do so using any method(s), unless § 1471.440 requires you to use specific methods.
(b) Pass the requirement to comply with this subpart to each person with whom the participant enters into a covered transaction at the next lower tier.