50 U.S. Code § 1702 - Presidential authorities

(a) In general
(1) At the times and to the extent specified in section 1701 of this title, the President may, under such regulations as he may prescribe, by means of instructions, licenses, or otherwise—
(A) investigate, regulate, or prohibit—
(i) any transactions in foreign exchange,
(ii) transfers of credit or payments between, by, through, or to any banking institution, to the extent that such transfers or payments involve any interest of any foreign country or a national thereof,
(iii) the importing or exporting of currency or securities,
by any person, or with respect to any property, subject to the jurisdiction of the United States;
(B) investigate, block during the pendency of an investigation, regulate, direct and compel, nullify, void, prevent or prohibit, any acquisition, holding, withholding, use, transfer, withdrawal, transportation, importation or exportation of, or dealing in, or exercising any right, power, or privilege with respect to, or transactions involving, any property in which any foreign country or a national thereof has any interest by any person, or with respect to any property, subject to the jurisdiction of the United States; and. [1]
(C) when the United States is engaged in armed hostilities or has been attacked by a foreign country or foreign nationals, confiscate any property, subject to the jurisdiction of the United States, of any foreign person, foreign organization, or foreign country that he determines has planned, authorized, aided, or engaged in such hostilities or attacks against the United States; and all right, title, and interest in any property so confiscated shall vest, when, as, and upon the terms directed by the President, in such agency or person as the President may designate from time to time, and upon such terms and conditions as the President may prescribe, such interest or property shall be held, used, administered, liquidated, sold, or otherwise dealt with in the interest of and for the benefit of the United States, and such designated agency or person may perform any and all acts incident to the accomplishment or furtherance of these purposes.
(2) In exercising the authorities granted by paragraph (1), the President may require any person to keep a full record of, and to furnish under oath, in the form of reports or otherwise, complete information relative to any act or transaction referred to in paragraph (1) either before, during, or after the completion thereof, or relative to any interest in foreign property, or relative to any property in which any foreign country or any national thereof has or has had any interest, or as may be otherwise necessary to enforce the provisions of such paragraph. In any case in which a report by a person could be required under this paragraph, the President may require the production of any books of account, records, contracts, letters, memoranda, or other papers, in the custody or control of such person.
(3) Compliance with any regulation, instruction, or direction issued under this chapter shall to the extent thereof be a full acquittance and discharge for all purposes of the obligation of the person making the same. No person shall be held liable in any court for or with respect to anything done or omitted in good faith in connection with the administration of, or pursuant to and in reliance on, this chapter, or any regulation, instruction, or direction issued under this chapter.
(b) Exceptions to grant of authority
The authority granted to the President by this section does not include the authority to regulate or prohibit, directly or indirectly—
(1) any postal, telegraphic, telephonic, or other personal communication, which does not involve a transfer of anything of value;
(2) donations, by persons subject to the jurisdiction of the United States, of articles, such as food, clothing, and medicine, intended to be used to relieve human suffering, except to the extent that the President determines that such donations
(A) would seriously impair his ability to deal with any national emergency declared under section 1701 of this title,
(B) are in response to coercion against the proposed recipient or donor, or
(C) would endanger Armed Forces of the United States which are engaged in hostilities or are in a situation where imminent involvement in hostilities is clearly indicated by the circumstances; or  [2]
(3) the importation from any country, or the exportation to any country, whether commercial or otherwise, regardless of format or medium of transmission, of any information or informational materials, including but not limited to, publications, films, posters, phonograph records, photographs, microfilms, microfiche, tapes, compact disks, CD ROMs, artworks, and news wire feeds. The exports exempted from regulation or prohibition by this paragraph do not include those which are otherwise controlled for export under section 2404 of the Appendix to this title, or under section 2405 of the Appendix to this title to the extent that such controls promote the nonproliferation or antiterrorism policies of the United States, or with respect to which acts are prohibited by chapter 37 of title 18; or
(4) any transactions ordinarily incident to travel to or from any country, including importation of accompanied baggage for personal use, maintenance within any country including payment of living expenses and acquisition of goods or services for personal use, and arrangement or facilitation of such travel including nonscheduled air, sea, or land voyages.
(c) Classified information
In any judicial review of a determination made under this section, if the determination was based on classified information (as defined in section 1(a) of the Classified Information Procedures Act) such information may be submitted to the reviewing court ex parte and in camera. This subsection does not confer or imply any right to judicial review.


[1]  So in original. The period probably should not appear.

[2]  So in original. The word “or” probably should not appear.

Source

(Pub. L. 95–223, title II, § 203,Dec. 28, 1977, 91 Stat. 1626; Pub. L. 100–418, title II, § 2502(b)(1),Aug. 23, 1988, 102 Stat. 1371; Pub. L. 103–236, title V, § 525(c)(1),Apr. 30, 1994, 108 Stat. 474; Pub. L. 107–56, title I, § 106,Oct. 26, 2001, 115 Stat. 277.)
References in Text

Section 1(a) of the Classified Information Procedures Act, referred to in subsec. (c), is section 1(a) ofPub. L. 96–456, Oct. 15, 1980, 94 Stat. 2025, which is set out in the Appendix to Title 18, Crimes and Criminal Procedure.
Amendments

2001—Pub. L. 107–56, § 106, which directed certain amendments to section 203 of the International Emergency Powers Act, was executed by making the amendments to this section, which is section 203 of the International Emergency Economic Powers Act, to reflect the probable intent of Congress. See below.
Subsec. (a)(1). Pub. L. 107–56, § 106(1)(C), which directed striking out “by any person, or with respect to any property, subject to the jurisdiction of the United States‘ without providing closing quotation marks designating the provisions to be struck, was executed by striking out “by any person, or with respect to any property, subject to the jurisdiction of the United States” in concluding provisions.
Subsec. (a)(1)(A). Pub. L. 107–56, § 106(1)(A), substituted a comma for “; and” at end of cl. (iii) and inserted concluding provisions.
Subsec. (a)(1)(B). Pub. L. 107–56, § 106(1)(B), inserted “, block during the pendency of an investigation” after “investigate” and substituted “interest by any person, or with respect to any property, subject to the jurisdiction of the United States; and” for “interest;”.
Subsec. (a)(1)(C). Pub. L. 107–56, § 106(1)(D), added subpar. (C).
Subsec. (c). Pub. L. 107–56, § 106(2), added subsec. (c).
1994—Subsec. (b)(3), (4). Pub. L. 103–236added pars. (3) and (4) and struck out former par. (3) which read as follows: “the importation from any country, or the exportation to any country, whether commercial or otherwise, of publications, films, posters, phonograph records, photographs, microfilms, microfiche, tapes, or other informational materials, which are not otherwise controlled for export under section 2404 of the Appendix to this title or with respect to which no acts are prohibited by chapter 37 of title 18.”
1988—Subsec. (b)(3). Pub. L. 100–418added par. (3).
Effective Date of 1994 Amendment

Pub. L. 103–236, title V, § 525(c)(2), (3),Apr. 30, 1994, 108 Stat. 475, provided that:
“(2) The amendments made by paragraph (1) to section 203(b)(3) of the International Emergency Economic Powers Act [50 U.S.C. 1702 (b)(3)] apply to actions taken by the President under section 203 of such Act before the date of enactment of this Act [Apr. 30, 1994] which are in effect on such date and to actions taken under such section on or after such date.
“(3) Section 203(b)(4) of the International Emergency Economic Powers Act (as added by paragraph (1)) shall not apply to restrictions on the transactions and activities described in section 203 (b)(4) in force on the date of enactment of this Act, with respect to countries embargoed under the International Emergency Economic Powers Act [50 U.S.C. 1701 et seq.] on the date of enactment of this Act.”
Effective Date of 1988 Amendment

Pub. L. 100–418, title II, § 2502(b)(2),Aug. 23, 1988, 102 Stat. 1372, provided that: “The amendments made by paragraph (1) [amending this section] apply to actions taken by the President under section 203 of the International Emergency Economic Powers Act [this section] before the date of the enactment of this Act [Aug. 23, 1988] which are in effect on such date of enactment, and to actions taken under such section on or after such date of enactment.”
Ex. Ord. No. 13290. Confiscating and Vesting Certain Iraqi Property

Ex. Ord. No. 13290, Mar. 20, 2003, 68 F.R. 14307, as amended by Ex. Ord. No. 13350, § 3, July 29, 2004, 69 F.R. 46055, provided:
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601et seq.), and section 301 of title 3, United States Code, and in order to take additional steps with respect to the national emergency declared in Executive Order 13303 of March 20 [May 22], 2003 [listed in a table under section 1701 of this title], and expanded in Executive Order 13315 of August 28, 2003 [listed in a table under section 1701 of this title],
I, GEORGE W. BUSH, President of the United States of America, hereby determine that the United States and Iraq are engaged in armed hostilities, that it is in the interest of the United States to confiscate certain property of the Government of Iraq and its agencies, instrumentalities, or controlled entities, and that all right, title, and interest in any property so confiscated should vest in the Department of the Treasury. I intend that such vested property should be used to assist the Iraqi people and to assist in the reconstruction of Iraq, and determine that such use would be in the interest of and for the benefit of the United States.
I hereby order:
Section 1. All blocked funds held in the United States in accounts in the name of the Government of Iraq, the Central Bank of Iraq, Rafidain Bank, Rasheed Bank, or the State Organization for Marketing Oil are hereby confiscated and vested in the Department of the Treasury, except for the following:
(a) any such funds that are subject to the Vienna Convention on Diplomatic Relations or the Vienna Convention on Consular Relations, or that enjoy equivalent privileges and immunities under the laws of the United States, and are or have been used for diplomatic or consular purposes, and
(b) any such amounts that as of the date of this order are subject to post-judgment writs of execution or attachment in aid of execution of judgments pursuant to section 201 of the Terrorism Risk Insurance Act of 2002 (Public Law 107–297) [see Tables for classification], provided that, upon satisfaction of the judgments on which such writs are based, any remainder of such excepted amounts shall, by virtue of this order and without further action, be confiscated and vested.
Sec. 2. The Secretary of the Treasury is authorized to perform, without further approval, ratification, or other action of the President, all functions of the President set forth in section 203(a)(1)(C) of IEEPA [50 U.S.C. 1702 (a)(1)(C)] with respect to any and all property of the Government of Iraq, including its agencies, instrumentalities, or controlled entities, and to take additional steps, including the promulgation of rules and regulations as may be necessary, to carry out the purposes of this order. The Secretary of the Treasury may redelegate such functions in accordance with applicable law. The Secretary of the Treasury shall consult the Attorney General as appropriate in the implementation of this order.
Sec. 3. This order shall be transmitted to the Congress and published in the Federal Register.
George W. Bush.

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50 USCDescription of ChangeSession YearPublic LawStatutes at Large

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


15 CFR - Commerce and Foreign Trade

15 CFR Part 713 - ACTIVITIES INVOLVING SCHEDULE 2 CHEMICALS

15 CFR Part 719 - ENFORCEMENT

15 CFR Part 730 - GENERAL INFORMATION

15 CFR Part 732 - STEPS FOR USING THE EAR

15 CFR Part 734 - SCOPE OF THE EXPORT ADMINISTRATION REGULATIONS

15 CFR Part 736 - GENERAL PROHIBITIONS

15 CFR Part 738 - COMMERCE CONTROL LIST OVERVIEW AND THE COUNTRY CHART

15 CFR Part 740 - LICENSE EXCEPTIONS

15 CFR Part 742 - CONTROL POLICY—CCL BASED CONTROLS

15 CFR Part 743 - SPECIAL REPORTING

15 CFR Part 744 - CONTROL POLICY: END-USER AND END-USE BASED

15 CFR Part 745 - CHEMICAL WEAPONS CONVENTION REQUIREMENTS

15 CFR Part 746 - EMBARGOES AND OTHER SPECIAL CONTROLS

15 CFR Part 747 - SPECIAL IRAQ RECONSTRUCTION LICENSE

15 CFR Part 748 - APPLICATIONS (CLASSIFICATION, ADVISORY, AND LICENSE) AND DOCUMENTATION

15 CFR Part 750 - APPLICATION PROCESSING, ISSUANCE, AND DENIAL

15 CFR Part 752 - SPECIAL COMPREHENSIVE LICENSE

15 CFR Part 754 - SHORT SUPPLY CONTROLS

15 CFR Part 756 - APPEALS

15 CFR Part 758 - EXPORT CLEARANCE REQUIREMENTS

15 CFR Part 760 - RESTRICTIVE TRADE PRACTICES OR BOYCOTTS

15 CFR Part 762 - RECORDKEEPING

15 CFR Part 764 - ENFORCEMENT AND PROTECTIVE MEASURES

15 CFR Part 766 - ADMINISTRATIVE ENFORCEMENT PROCEEDINGS

15 CFR Part 768 - FOREIGN AVAILABILITY DETERMINATION PROCEDURES AND CRITERIA

15 CFR Part 770 - INTERPRETATIONS

15 CFR Part 772 - DEFINITIONS OF TERMS

15 CFR Part 774 - THE COMMERCE CONTROL LIST

19 CFR - Customs Duties

19 CFR Part 161 - GENERAL ENFORCEMENT PROVISIONS

31 CFR - Money and Finance: Treasury

31 CFR Part 356 - SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, PUBLIC DEBT SERIES NO. 1-93)

31 CFR Part 501 - REPORTING, PROCEDURES AND PENALTIES REGULATIONS

31 CFR Part 510 - NORTH KOREA SANCTIONS REGULATIONS

31 CFR Part 535 - IRANIAN ASSETS CONTROL REGULATIONS

31 CFR Part 536 - NARCOTICS TRAFFICKING SANCTIONS REGULATIONS

31 CFR Part 537 - BURMESE SANCTIONS REGULATIONS

31 CFR Part 538 - SUDANESE SANCTIONS REGULATIONS

31 CFR Part 539 - WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS

31 CFR Part 540 - HIGHLY ENRICHED URANIUM (HEU) AGREEMENT ASSETS CONTROL REGULATIONS

31 CFR Part 541 - ZIMBABWE SANCTIONS REGULATIONS

31 CFR Part 542 - SYRIAN SANCTIONS REGULATIONS

31 CFR Part 543 - CôTE D'IVOIRE SANCTIONS REGULATIONS

31 CFR Part 544 - WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS REGULATIONS

31 CFR Part 546 - DARFUR SANCTIONS REGULATIONS

31 CFR Part 547 - DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS

31 CFR Part 548 - BELARUS SANCTIONS REGULATIONS

31 CFR Part 549 - LEBANON SANCTIONS REGULATIONS

31 CFR Part 551 - SOMALIA SANCTIONS REGULATIONS

31 CFR Part 560 - IRANIAN TRANSACTIONS REGULATIONS

31 CFR Part 561 - IRANIAN FINANCIAL SANCTIONS REGULATIONS

31 CFR Part 562 - IRANIAN HUMAN RIGHTS ABUSES SANCTIONS REGULATIONS

31 CFR Part 570 - LIBYAN SANCTIONS REGULATIONS

31 CFR Part 576 - IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS

31 CFR Part 588 - WESTERN BALKANS STABILIZATION REGULATIONS

31 CFR Part 590 - TRANSNATIONAL CRIMINAL ORGANIZATIONS SANCTIONS REGULATIONS

31 CFR Part 592 - ROUGH DIAMONDS CONTROL REGULATIONS

31 CFR Part 593 - FORMER LIBERIAN REGIME OF CHARLES TAYLOR SANCTIONS REGULATIONS

31 CFR Part 594 - GLOBAL TERRORISM SANCTIONS REGULATIONS

31 CFR Part 595 - TERRORISM SANCTIONS REGULATIONS

37 CFR - Patents, Trademarks, and Copyrights

37 CFR Part 5 - SECRECY OF CERTAIN INVENTIONS AND LICENSES TO EXPORT AND FILE APPLICATIONS IN FOREIGN COUNTRIES

 

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