Section 1 Short title
This Act may be cited as the “Korean Interdiction and Modernization of Sanctions Act”.
AN ACT
To enhance sanctions with respect to transactions relating to North Korea, and for other purposes.
“(5) Foreign person—The term foreign person means—
“(A) an individual who is not a United States citizen or an alien lawfully admitted for permanent residence to the United States; or
“(B) an entity that is not a United States person.”
“(C) also includes any items so designated under an applicable United Nations Security Council resolution.”
“(13) North Korean person—The term North Korean person means—
“(A) a North Korean citizen or national; or
“(B) an entity owned or controlled by the Government of North Korea or by a North Korean citizen or national.”