§ 8723. Imposition of sanctions with respect to purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt

640 words·~3 min read·/usc/title-22/section-8723

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)In general The President shall impose 5 or more of the sanctions described in section 6(a) of the Iran Sanctions Act of 1996, as amended by section 204, with respect to a person if the President determines that the person knowingly, on or after August 10, 2012, purchases, subscribes to, or facilitates the issuance of—

(1)sovereign debt of the Government of Iran issued on or after August 10, 2012, including governmental bonds; or

(2)debt of any entity owned or controlled by the Government of Iran issued on or after August 10, 2012, including bonds.

(b)Application of provisions of Iran Sanctions Act of 1996 The following provisions of the Iran Sanctions Act of 1996, as amended by this Act, apply with respect to the imposition of sanctions under subsection

(a)to the same extent that such provisions apply with respect to the imposition of sanctions under section 5(a) of the Iran Sanctions Act of 1996:

(1)Subsection

(c)of section 4.

(2)Subsections (c), (d), and

(f)of section 5.

(3)Section 8.

(4)Section 9.

(5)Section 11.

(6)Section 12.

(7)Subsection

(b)of section 13.

(8)Section 14.

(Pub. L. 112–158, title II, § 213, Aug. 10, 2012, 126 Stat. 1230.)

Termination of Section

For termination of section, see section 8785(a) of this title.

Connections2 cite this · traces to 4

Cited by 2 sections

statutes-at-large

Public Law 112–158
To strengthen Iran sanctions laws for the purpose of compelling Iran to abandon its pursuit of nuclear weapons and other threatening activities, and for other purposes

statute-compilations

Sec. 213
IMPOSITION OF SANCTIONS WITH RESPECT TO PURCHASE, SUBSCRIPTION TO, OR FACILITATION OF THE ISSUANCE OF IRANIAN SOVEREIGN DEBT

Traces to 4 documents

U.S. Code

8 references not yet in our index

Pub. L. 112–158, title II, § 213
126 Stat. 1230
Pub. L. 104–172
110 Stat. 1541
section 6(a) of Pub. L. 104–172
section 204 of Pub. L. 112–158
Pub. L. 112–158
126 Stat. 1214

Citation graph

cites case law

§ 8723

Imposition of sanctions with respect to purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt

Stat. Comp.×1

Stat.×1

Pub. L.Pub. L. 112–158, title II, § 213

Stat.126 Stat. 1230

Pub. L.Pub. L. 104–172

Stat.110 Stat. 1541

Pub. L.section 6(a) of Pub. L. 104–172

Cites 12 · showing 9Cited by 2 across 2 sources