---
kind: "section"
citation: "31 C.F.R. § 560.412"
title: "31"
number: "560.412"
heading: "Extensions of credit or loans to Iran."
url: "https://uscodex.org/cfr/31/560.412"
---

# §560.412. Extensions of credit or loans to Iran.

- (a) The prohibitions contained in §§ [560.204](/cfr/31/560.204.md) and [560.207](/cfr/31/560.207.md) apply to but are not limited to the unauthorized renewal or rescheduling of credits or loans in existence as of May 6, 1995, such as the extension of a standby letter of credit.
- (b) The prohibitions contained in [§ 560.209](/cfr/31/560.209.md) apply, among other things, to the unauthorized renewal or rescheduling of credits or loans in existence as of March 15, 1995.
- (c) The prohibitions contained in §§ [560.204](/cfr/31/560.204.md), [560.207](/cfr/31/560.207.md) and [560.209](/cfr/31/560.209.md) apply to, among other things, credits or loans in any currency.

## Notes

### Authority

Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C. 2349aa-9, 7201-7211, 8501-8551, 8701-8795; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12613, 52 FR 41940, 3 CFR, 1987 Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62 FR 44531, 3 CFR, 1997 Comp., p. 217; E.O. 13599, 77 FR 6659, 3 CFR, 2012 Comp., p. 215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p. 854.

### Source

Source: 77 FR 64666, Oct. 22, 2012, unless otherwise noted.