5 CFR § 919.305
May I enter into a covered transaction with an excluded or disqualified person?
November 4, 2020
(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.
(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.
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