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(The IRS defines a "prohibited transaction" as a transfer of assets or income from a plan to beneficiary or "disqualified" person).
Soon after his return to Britain, he was handed a further ban for attending the races while a disqualified person.
"A registered owner must not have contact with a disqualified person specifically in relation to horse racing in Great Britain," Mounsey said.
That may mean the BHA can bring charges against them under the Rules of Racing for communicating with a disqualified person.
Nor may you lend your IRA funds to any "disqualified person," which includes yourself, your parent (or other ancestor), your child or other lineal descendant, or descendant's spouse.
While the law doesn't ban investments in a private company, it does prohibit certain self-dealing transactions between an IRA and a "disqualified person" (the IRAowner, his parents, his child or even a descendant's spouse).
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The Dodd-Frank financial reform law required the S.E.C. to issue a "Bad Actor Rule" to disqualify persons convicted of securities-related felonies or sanctioned for other securities violations from participating in private offerings.
I don't think we should just disqualify somebody because of his or her faith, whether that person is a Muslim or Christian".
At the bail hearing, Mr. Biton's lawyer, John Meringolo, argued that simply knowing someone who committed a crime or visiting someone in prison should not disqualify a person from assisting with bail.
If any person supplies false information, obtains entries by fraudulent means or is otherwise determined to be in violation of these Official Rules in an attempt to obtain any prize, VICE may disqualify that person and seek damages from him or her and that person may be prosecuted to the full extent of the law.
Doing so could disqualify the person from government benefits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com