[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR515.208]



[Page 96]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 515_CUBAN ASSETS CONTROL REGULATIONS--Table of Contents

 

                         Subpart B_Prohibitions

 

Sec.  515.208  Restrictions on loans, credits and other financing.



    No United States national, permanent resident alien, or United 

States agency may knowingly make a loan, extend credit or provide other 

financing for the purpose of financing transactions involving 

confiscated property the claim to which is owned by a United States 

national, except for financing by a United States national owning such a 

claim for a transaction permitted under United States law.



[61 FR 37386, July 18, 1996]