31 CFR 585.205 - Exempt transactions.

Regulations last checked for updates: May 19, 2024

Title 31 - Money and Finance: Treasury last revised: May 10, 2024

View all text of Subpart B [§ 585.201 - § 585.205]

§ 585.205 - Exempt transactions.

(a) Personal communications. The prohibitions contained in this part do not apply to any postal, telegraphic, telephonic, or other personal communication that does not involve the transfer of anything of value.

(b) Official business. The prohibitions contained in § 585.201(a) do not apply to transactions for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof.

Note 1 to paragraph (b).

See § 585.509 for a general license authorizing transactions for the conduct of the official business of the United States Government not otherwise exempt.

authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,1701; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); E.O. 13936, 85 FR 43413, July 17, 2020

source: At 86 FR 3794, Jan. 15, 2021, unless otherwise noted.

cite as: 31 CFR 585.205