[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR550.317]

[Page 761]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
PART 550_LIBYAN SANCTIONS REGULATIONS--Table of Contents
 
                          Subpart C_Definitions
 
Sec. 550.317  Domestic bank.

    (a) The term domestic bank shall mean any branch or office within 
the United States of any of the following which is not a Libyan entity: 
Any bank or trust company incorporated under the banking laws of the 
United States or of any state, territory, or district of the United 
States, or any private bank or banker subject to supervision and 
examination under the banking laws of the United States or of any state, 
territory or district of the United States. The Secretary of the 
Treasury may also authorize any other banking institution to be treated 
as a domestic bank for the purpose of this definition or for the purpose 
of any or all sections of this part.
    (b) The term domestic bank includes any branch or office within the 
United States of a foreign bank that is not a Libyan entity.

[51 FR 2464, Jan. 16, 1986]