28 CFR 202.211 Covered person (28 CFR 202.211(a)(1))
A covered person includes an entity 50 percent or more owned, directly or indirectly and in aggregate, by a country of concern or by covered persons, or one organised in or principally doing business in a country of concern.
Dated 17 Oct 2026Source checked 17 Oct 2026Basis: primary text
In the source's own words
“A foreign person that is an entity that is 50% or more owned, directly or indirectly, individually or in the aggregate, by one or more countries of concern or persons described in paragraph (a)(2) of this section; or that is organized or chartered under the laws of, or has its principal place of business in, a country of concern;”
Where it was read
28 CFR 202.211 Covered person, US (federal), checked 17 Oct 2026
Figures it counts in
It is shown on its own, not counted into a figure.
Cited in this guide