Intelligence Law Glossary - Legal Commercial Transaction


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Legal Commercial Transaction

Administrative Law

28 CFR § 73.1(f) [28 CFR PART 73—NOTIFICATIONS TO THE ATTORNEY GENERAL BY AGENTS OF FOREIGN GOVERNMENTS]

(f) The term “legal commercial transaction,” for the purpose of 18 U.S.C. 951(d)(4), means any exchange, transfer, purchase or sale, of any commodity, service or property of any kind, including information or intellectual property, not prohibited by federal or state legislation or implementing regulations.