31 CFR 535.569 - Licensed letter of credit transactions; forwarding of documents.

Code of Federal Regulations - Title 31: Money and Finance: Treasury (December 2005)


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TITLE 31 - MONEY AND FINANCE: TREASURY

SUBTITLE B - REGULATIONS RELATING TO MONEY AND FINANCE

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

PART 535 - IRANIAN ASSETS CONTROL REGULATIONS

subpart e - LICENSES, AUTHORIZATIONS AND STATEMENTS OF LICENSING POLICY

535.569 - Licensed letter of credit transactions; forwarding of documents.

When payment of a letter of credit issued, advised, or confirmed by a bank subject to the jurisdiction of the United States is authorized by either general or specific license, the forwarding of the letter of credit documents to the account party is authorized.

[45 FR 1877, Jan. 9, 1980]

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