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22 U.S.C. § 8921Definitions

submitted 12 years ago by Pub. L. 113-272 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 328 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

In this chapter:

(1) Account; correspondent account; payable-through account

The terms “account”, “correspondent account”, and “payable-through account” have the meanings given those terms in section 5318A of title 31.

(2) Appropriate congressional committees

The term “appropriate congressional committees” means—

(A)

the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate; and

(B)

the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives.

(3) Defense article; defense service; training

The terms “defense article”, “defense service”, and “training” have the meanings given those terms in section 2794 of this title.

(4) Financial institution

The term “financial institution” means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (M), or (Z) of section 5312(a)(2) of title 31.

(5) Foreign financial institution

The term “foreign financial institution” has the meaning given that term in section 561.308 of title 31, Code of Federal Regulations (or any corresponding similar regulation or ruling).

(6) Foreign person

The term “foreign person” means any individual or entity that is not a United States citizen, a permanent resident alien, or an entity organized under the laws of the United States or any jurisdiction within the United States.

(7) Knowingly

The term “knowingly”, with respect to conduct, a circumstance, or a result, means that a person has actual knowledge, or should have known, of the conduct, the circumstance, or the result.

(8) Russian person

The term “Russian person” means—

(A)

an individual who is a citizen or national of the Russian Federation; or

(B)

an entity organized under the laws of the Russian Federation.

(9) Special Russian crude oil project

The term “special Russian crude oil project” means a project intended to extract crude oil from—

(A)

the exclusive economic zone of the Russian Federation in waters more than 500 feet deep;

(B)

Russian Arctic offshore locations; or

(C)

shale formations located in the Russian Federation.

Source credit: (Pub. L. 113–272, § 2, Dec. 18, 2014, 128 Stat. 2952; Pub. L. 116–283, div. F, title LXI, § 6110(e)(2), Jan. 1, 2021, 134 Stat. 4563.)

history & why it existsrecord from the source credit
  • 2014Enacted · Pub. L. 113-272 · 128 Stat. 2952
  • 2021Amended · Pub. L. 116-283 · 134 Stat. 4563

A history note hasn’t been published yet. The record shows enactment by Pub. L. 113-272 on 2014-12-18.

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