Regulations last checked for updates: Nov 25, 2024

Title 16 - Commercial Practices last revised: Nov 20, 2024
§ 1608.4 - Guaranties furnished by nonresidents of the U.S. no bar to prosecution.

A guaranty furnished under section 8 of the act by a person who is not a resident of the United States may not be relied upon as a bar to prosecution under section 7 of the act for a violation of section 3 of the act.

authority: Sec. 5, 67 Stat. 112, as amended, 81 Stat. 570, 15 U.S.C. 1194.
source: 40 FR 59887, Dec. 30, 1975, unless otherwise noted.
cite as: 16 CFR 1608.4