31 C.F.R. § 575.405 Acquisition of instruments including bankers acceptances.
Title 31 - Money and Finance: Treasury
No U.S. person may acquire or deal in any obligation, including bankers acceptances, where the documents evidencing the obligation indicate, or the U.S. person has actual knowledge, that the underlying transaction is in violation of §§575.201, 575.204, or §575.205. This interpretation does not apply to obligations arising from an underlying transaction licensed or otherwise authorized pursuant to this part.
Title 31: Money and Finance: Treasury
PART 575—IRAQI SANCTIONS REGULATIONS
Subpart D—Interpretations
§ 575.405 Acquisition of instruments including bankers acceptances.
