Regulatory Text
31 C.F.R. § 515.406 — Drafts under irrevocable letters of credit; documentary drafts.
§ 515.406 Drafts under irrevocable letters of credit; documentary drafts. Section 515.201 prohibits the presentation, acceptance or payment of: (a) Drafts or other orders for payment drawn under irrevocable letters of credit issued in favor or on behalf of any designated national; (b) Drafts or other orders for payment, in which any designated national has on or since the “effective date” had any interest, drawn under any irrevocable letter of credit; and (c) Documentary drafts in which any designated national has on or since the “effective date” had any interest.
Source: ecfr.gov · govinfo.gov — public domain
Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record
Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR31-SEC-1EEEA7
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
31 C.F.R. § 515.406
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
2bb79e8ee325dff0...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 31 C.F.R. § 515.406 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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Title 31 — Money and Finance: Treasury
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31 C.F.R. — public domain
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