Guaranties furnished by nonresidents of the U.S. no bar to prosecution.
16 C.F.R. § 1608.4
in effectEffective: 2024-07-01A guaranty furnished under section 8 of the act by a person who is not a resident of the United States may not be relied upon as a bar to prosecution under section 7 of the act for a violation of section 3 of the act.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-16.xmlFetched: 7/26/2026