31 C.F.R. § 538.414   Loans or extensions of credit.


Title 31 - Money and Finance: Treasury


Title 31: Money and Finance: Treasury
PART 538—SUDANESE SANCTIONS REGULATIONS
Subpart D—Interpretations

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§ 538.414   Loans or extensions of credit.

(a) The prohibition in §538.205 applies to loans or extensions of credit to a person in Sudan, including overdraft protection on checking accounts, and the unlicensed renewal or rescheduling of credits or loans in existence as of the effective date, whether by affirmative action or operation of law.

(b) The prohibition in §538.205 applies to financial services including loans or credits extended in any currency.

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