§ 510.209. Prohibited new investment in North Korea.
76 words·~1 min read·
/us/cfr/t31/s§ 510.209·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)New investment, as defined in § 510.318, in North Korea by a U.S. person, wherever located, is prohibited.
(b)The prohibitions in this section apply except to the extent provided by regulations, orders, directives, or licenses that may be issued pursuant to this part or pursuant to the export control authorities implemented by the U.S. Department of Commerce, and notwithstanding any contract entered into or any license or permit granted prior to the effective date.