International Emergency Economic Powers Act (IEEPA)

International Emergency Economic Powers Act (IEEPA)

Definition

[50 U.S.C. § 1701 et seq.] Federal statute that grants the president power to regulate foreign financial transactions in times of national-security crisis (e.g., by providing for the designation of certain entities as specially designated global terrorists to which various domestic sanctions may apply) and provides immunity from liability for anything done or omitted in good faith in connection with a lawfully issued subpoena.

Get full access FREE

With a 7-Day free trial membership
Here's why 733,000 law students have relied on our key terms:
  • A complete online legal dictionary of law terms and legal definitions
  • Over 7,900 key terms written in plain English to help you not only understand the law but master it
  • The premier online law dictionary built specifically for law students
  • Easy access in class or on the go, accessible both online and through the Quimbee mobile app
  • Reliable - written by legal professors and practitioners
  • Get instant access to all related rules of law to any specific key term with a Quimbee Study Aid plan

Get full access FREE

With a 7-Day free trial membership