31 CFR § 800.233 - Minimum excepted ownership.
---
identifier: "/us/cfr/t31/s800.233"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 800.233 - Minimum excepted ownership."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "800.233"
section_name: "Minimum excepted ownership."
chapter_name: "OFFICE OF INVESTMENT SECURITY, DEPARTMENT OF THE TREASURY"
part_number: "800"
part_name: "REGULATIONS PERTAINING TO CERTAIN INVESTMENTS IN THE UNITED STATES BY FOREIGN PERSONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "50 U.S.C. 4565; E.O. 11858, as amended, 73 FR 4677."
regulatory_source: "85 FR 3124, Jan. 17, 2020, unless otherwise noted."
cfr_part: "800"
---
# 800.233 Minimum excepted ownership.
The term *minimum excepted ownership* means:
(a) With respect to an entity whose equity securities are primarily traded on an exchange in an excepted foreign state or the United States, a majority of its voting interest, the right to a majority of its profits, and the right in the event of dissolution to a majority of its assets; and
(b) With respect to an entity whose equity securities are not primarily traded on an exchange in an excepted foreign state or the United States, 80 percent or more of its voting interest, the right to 80 percent or more of its profits, and the right in the event of dissolution to 80 percent or more of its assets.