1. (a) As used in this chapter, "prohibited person" includes the following:

   1. (1) An individual who is a citizen of a foreign adversary.
   2. (2) An individual who is domiciled in a foreign adversary.
   3. (3) A business entity organized under the laws of a foreign adversary.
   4. (4) A business entity headquartered in a foreign adversary.

   5. (5) A business entity with a controlling person that is one (1) of the following:

      1. (A) An individual who is a citizen of a foreign adversary.
      2. (B) An individual who is domiciled in a foreign adversary.

      3. (C) A business entity or other entity, including a governmental entity, that is owned or controlled by an individual described in subdivision (1) or (2), or is directly controlled by the government of a foreign adversary.

         The term, as used in subdivisions (1), (2), (5)(A), and (5)(B), does not include an individual who holds dual citizenship with a foreign adversary and the United States, an individual who is a citizen or lawful permanent resident of the United States, or an individual who has been granted asylum in the United States.

2. (b) The term includes an agent, a trustee, or a fiduciary acting on behalf of a prohibited person.

As added by P.L.131-2026, SEC.5.