Sec. 606. Additional financial sanctions on Maduro regime debt
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Executive Order 13835 (83 Fed. Reg. 24001), which was signed on May 21, 2018, established additional sanctions against transactions involving the Maduro regime’s existing public debt. The President may prohibit a United States person or any person within the United States from— purchasing any debt owed to the Maduro regime, including accounts receivable; entering into any transaction related to any debt owed to the Maduro regime that is pledged as collateral after May 21, 2018, including accounts receivable; or entering into any transaction involving the selling, transferring, assigning, or pledging as collateral by the Maduro regime of any equity interest in any entity in which the Maduro regime has a 50 percent or greater ownership interest.
It is the sense of Congress that the President should waive the prohibitions described in subsection
(a)and in Executive Order 13835 if transactions involving related debt instruments, bonds, or securities have been approved or ratified by the democratically elected National Assembly of Venezuela. The Secretary of the Treasury, in consultation with the Secretary of State, may promulgate such regulations as may be necessary to enforce the prohibition set forth in subsection (b).
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- 83 FR 24001
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Sec. 606
Additional financial sanctions on Maduro regime debt
Fed. Reg.83 FR 24001
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