Code of Federal Regulations Title 31. Money and Finance–Treasury § 31.515.406 Drafts under irrevocable letters of credit;  documentary drafts

(a) Drafts or other orders for payment drawn under irrevocable letters of credit issued in favor or on behalf of any designated national;

(b) Drafts or other orders for payment, in which any designated national has on or since the “effective date” had any interest, drawn under any irrevocable letter of credit;  and

(c) Documentary drafts in which any designated national has on or since the “effective date” had any interest.