31 CFR § 801.214 - Unaffiliated pilot program U.S. business.

---
identifier: "/us/cfr/t31/s801.214"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 801.214 - Unaffiliated pilot program U.S. business."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "801.214"
section_name: "Unaffiliated pilot program U.S. business."
chapter_name: "OFFICE OF INVESTMENT SECURITY, DEPARTMENT OF THE TREASURY"
part_number: "801"
part_name: "PILOT PROGRAM TO REVIEW CERTAIN TRANSACTIONS INVOLVING FOREIGN PERSONS AND CRITICAL TECHNOLOGIES"
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; Pub. L. 115-232."
regulatory_source: "83 FR 51327, Oct. 11, 2018, unless otherwise noted."
cfr_part: "801"
---


# 801.214 Unaffiliated pilot program U.S. business.

The term *unaffiliated pilot program U.S. business* means, with respect to a foreign person, a pilot program U.S. business in which that foreign person does not directly hold more than fifty percent of the outstanding voting interest or have the right to appoint more than half of the members of the board of directors or equivalent governing body.