22 C.F.R. · Foreign Relations
22 C.F.R. § 120.65

Foreign ownership and foreign control.

Title 22 C.F.R. ● ACTIVE Primary Source
Regulatory Text

22 C.F.R. § 120.65 — Foreign ownership and foreign control.

§ 120.65 Foreign ownership and foreign control. (a) Foreign ownership means more than 50 percent of the outstanding voting securities of the firm are owned by one or more foreign persons. (b) Foreign control means one or more foreign persons have the authority or ability to establish or direct the general policies or day-to-day operations of the firm. Foreign control is presumed to exist where foreign persons own 25 percent or more of the outstanding voting securities unless one U.S. person controls an equal or larger percentage.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR22-SEC-A7D931
Entity Class
REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
22 C.F.R. § 120.65
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
Source
PRIMARY-SOURCE
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✓ TRUE
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e8a619c085d89876...
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The regulatory text of 22 C.F.R. § 120.65 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 22 22 C.F.R. § 120.65