Sec. 1707. Stipulations regarding transactions
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/bill/115/hr/5515/pap/section-1707·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 721(b)(1)(C) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(b)(1)(C) ), as amended by section 1706, is further amended by adding at the end the following: In a written notice submitted under clause
(i)or a declaration submitted under clause
(v)with respect to a transaction, a party to the transaction may— stipulate that the transaction is a covered transaction; and if the party stipulates that the transaction is a covered transaction under item (aa), stipulate that the transaction is a foreign government-controlled transaction. A written notice submitted under clause
(i)or a declaration submitted under clause
(v)that includes a stipulation under subclause
(I)shall include a description of the basis for the stipulation. .
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Sec. 1707
Stipulations regarding transactions
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