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Part 363 364 365 367

China Trade Act regulations.
Trade Fairs in the United States.
Mobile Trade Fairs.
Rules governing official United States Government assistance to sponsors of

International Expositions held in the United States.




370 371 372 373 374 375 376 377 379 380 381 382 383 384 385 399

Mutual assistance on U. S. imports and exports (as applied to selected

U. S. imports).
Request for information or action in support of certain foreign restrictive

trade practices or boycotts.
Scope of export control by Department of Commerce.
General licenses.
Provisions for individual and other validated licenses.
Licensing policies and related special provisions.
Project license.
Blanket (BLT) license.
Periodic requirements (PRL) license.
Time limit (TL) license.
Export clearance and destination control.
Amendments, extensions, transfers.
Enforcement provisions.
Denial of export privileges.
Administrative reviews and appeals.
General orders.
Exportations of technical data.
Commodity control list and related matters.


PART 363_-CHINA TRADE ACT Application Form No. 1, in duplicate) REGULATIONS

with the Secretary of Commerce at Sec.

Washington, D.C., direct, when emanat863.1 Authority and effective date.

ing within the United States, or with 363.2 Definitions,

the Registrar for transmission to the 363.3 Articles of incorporation.

Secretary when emanating within China. 363.4 Holding shares of stock in other cor

(b) The original articles of incorporaporations prohibited.

tion shall be signed and acknowledged 863.5 Application for certificate of incorpo

by all of the incorporators. ration. 363.6 Certificate of property value.

(c) The articles of incorporation shall 363.7 Certificate of amendment to articles state the names, addresses, and nationof Incorporation.

alities of the incorporators; the particu863.8 Certificate of authorization for vol- lar business in which the corporation is to untary dissolution.

engage so as to clearly show how the cor363.9 Certificate of authorization for ex

poration will aid in developing markets in tension.

China for goods produced in the United 363.10 Documents of stockholders' meeting to be filed.

States, and otherwise conform to the 863.11 Fees.

requirements of section 4 (b), subhead363.12 Accredited agent.

ings (1) to (7), inclusive, of the China 363.18 Appeal from decision of Registrar. Trade Act. 363.14 Inspection of records.

(d) Said articles shall also state the 363.15 Citizenship of incorporators, direc- name and address of the corporation's tors, or officers.

accredited agent, who shall reside within 863.16 Annual report.

the District of Columbia, Any successor 363.17 Filing documents.

to said agent shall be appointed as pro363.18 Statement to be filed before certificate is delivered.

vided for by $ 363.12, without amend363.19 Forms.

ment to Articles of Incorporation (see

sec. 20 (b) of the act. AUTHORITY: The provisions of this Part 363 issued under sec. 17, 42 Stat. 854; 15 U.S.C.

(Secs. 4, 20 (b), 42 Stat. 850, 855, as amended; 157 unless otherwise noted.

15 U.S.C. 144, 160) SOURCE: The provisions of this part 363 § 363.4 Holding shares of stock in other appear at 13 F.R. 7633, Dec. 9, 1948, unless corporations prohibited. otherwise noted.

No corporation formed under the pro§ 363.1 Authority and effective date. visions of the China Trade Act shall Whereas the Secretary of Commerce is

purchase or acquire, either directly or authorized by the China Trade Act of

indirectly, for investment purposes, 1922, as amended, to make such regula

shares of stock of any corporation entions as may be necessary to carry into

gaged in any activity prohibited by seceffect the functions vested in him or in

tion 4(c) of the act. the Registrar by said act, the regulations (Sec. 4, 42 Stat. 850, as amended; 15 U. 8. C. in this part are hereby approved and

144) adopted and shall become effective July

§ 363.5 Application for certificate of in1, 1935.

corporation. § 363.2 Definitions.

Persons desiring to incorporate under When used in this part, unless the

the provisions of the China Trade Act context otherwise indicates,

shall make application, in duplicate, for (a) The term “Secretary” means the

a certificate of incorporation. Secretary of Commerce;

8 363.6 Certificate of property value. (b) The term "Registrar" means the Registrar of the China Trade Act; and

(a) Each certificate of property value (c) The term “corporation" means a

shall be filed in duplicate by the corpocorporation organized under the provi

ration with the Registrar or the Secsions of the China Trade Act (42 Stat.

retary, as the case may be. 849, 43 Stat. 995; 15 U.S.C. 141-162).

(b) There shall be filed with each such

certificate a statement in duplicate by § 363.3 Articles of incorporation.

the owner of any property to be received (a) Articles of incorporation shall be by the corporation in payment for its filed in quintuplicate (accompanied by stock, showing the date he purchased the


same, the price paid therefor, and the that such corporation has conformed to amount, if any, for any lien, mortgage, the requirements of said act. or other encumbrance against said prop- (Sec. 10, 42 Stat. 852, as amended; 15 U.S.C. erty at the time it is placed in the cus- 150) tody of the directors as provided for by

§ 363.9 Certificate of authorization for section 4 (b) of the act.

extension. (c) There shall be filled, in duplicate, with the certificate of property value,

The certificate of authorization for a statement under oath of two disinter

extension shall be signed by the presiested persons acceptable to the Regis

dent or other authorized officer and attrar or Secretary, as the case may be.

tested by the secretary of the corpora(Sec. 4, 42 Stat. 850, as amended; 15 U. 8. O.

tion and filed, in quintuplicate, with the 144)

Secretary or with the Registrar for

transmission to the Secretary. § 363.7 Certificate of amendment to articles of incorporation.

§ 363.10 Documents of stockholders'

meeting to be filed. (a) The certificate of amendment to articles of incorporation shall be signed

When a stockholders' meeting is held by the president, or other authorized

for any of the purposes stated in section officer, and attested by the secretary of

10(b) of the act, or for any other purthe corporation, and filed in quintupli

pose, the following documents shall be cate with the Secretary or with the

filed with the Registrar or Secretary, as Registrar for transmission to the the case may be (unless made a part of Secretary.

the minutes as hereinafter provided), (b) When a certificate of amendment

and shall be signed and certified by to articles of incorporation is for the

duly authorized officer of the purpose of increasing the capital stock corporation: of said corporation, a duly authorized (a) Two copies of the minutes of any officer thereof shall file with said certifi- such meeting, which shall set forth in cate, in duplicate, a certified statement detail the action taken or business transto the effect that 25 per centum of the

acted. Said minutes shall also show increased capital stock has been sub

that notice of call (unless waived) was scribed to in good faith: Provided, That

delivered or mailed to each stockholder

of record and the date thereof. In lieu no certificate, authorizing the increase of capital stock, shall be delivered to a

of filing two certified copies of said notice

the same may be incorporated, verbatim, corporation unless there is filed with

in the minutes. the Registrar or the Secretary, as the

(b) Notice of call of a stockholders' case may be, a statement under oath, in

meeting may be waived by the stockduplicate, by an authorized officer of the

holders filing with a proper officer of the corporation that 25 percent of said in

corporation waivers of said notice in creased capital stock has been paid in writing, signed by all of said stockholders in cash, or in real or personal property, of record. When notice is so waived as provided for by section 8 of the act. the secretary of the corporation or other (Sec. 8, 42 Stat. 851; 15 U. S. C. 148)

authorized officer thereof, may file his

certificate, in duplicate, to the effect that 363.8 Certificate of authorization for

walvers of notice of the particular meetvoluntary dissolution.

ing have been signed by all said stock(a) The certificate of authorization holders and filed with such officer. Such for voluntary dissolution shall be signed certificate shall be accepted in lieu of by the president or other authorized certified copies of waivers filed by said officer and attested by the secretary of

stockholders with the corporation. the corporation and filed, in quintupli

(c) When any share of stock is voted cate, with the Secretary or with the

by proxy, the secretary or other authorRegistrar for

ized officer of the corporation may file transmission to the

his certificate, in duplicate, showing the Secretary.

total number of shares voted by proxy at (b) Before any such corporation shall

any such meeting, the name and address be deemed voluntarily dissolved under

of each stockholder represented by the provisions of section 10 (c) of the

proxy, the name and address of each China Trade Act there shall be issued by proxy voting at such meeting, the numthe Secretary a certificate to the effect ber of shares voted by each said proxy.

and that the proxies so voted were au- the Registrar or Secretary, as the case thorized by an instrument in writing may be, in duplicate. signed and filled by each said stockholder (b) No corporation shall remove, or with the corporation. Said certificate accept the resignation of, its accredited shall be accepted in lieu of certified agent until & successor has been apcopies of proxies filed with the corpor&- pointed and a certified copy of said aption.

pointment and written consent of such (d) List in duplicate of current officers successor to act has been filled in dupliand directors of said corporation, stating cate; except that in the event of the the name, residence, and nationality of death of such agent the corporation each.

shall, within 30 days after notice there(e) Statement in duplicate that all of, appoint a successor in the manner shares of stock voted at any such meet

set forth in paragraph (a) of this section. ing were fully paid.

§ 363.13 Appeal from decision of Reg. Provided, That such statements (re

istrar. ferred to in paragraphs (d) and (e) of this section) need not be filled if the

(a) An appeal to the Secretary may information required is incorporated in

be taken from any decision or action the minutes.

of the Registrar within 6 months there

after; provided that time for filing an (Bec. 10, 42 Stat. 852, as amended; 15 U.S.O.

appeal may be extended at the discretion 150)

of the Secretary. § 363.11 Fees.

(b) The person taking an appeal shall (a) Filing fees. The following fees

first submit to the Registrar a written are prescribed and shall be payable, in

statement setting forth, in full, the althe form of a draft payable to the Treas

leged facts upon which the appeal is urer of the United States of America,

based; which when certified to by the upon the filing by the corporation of any

Registrar as a true, full, and correct of the following documents:

statement of such facts, shall be trans

mitted to the Secretary with a statement Incorporation fee (as pro- $100.00 U.S.

in writing from the Registrar setting vided for by section of the Act).

forth his decision, or action, from which Certificate of Amendment of $25.00 U.S.

the appeal is taken. Articles of Incorporation.

(c) If the Registrar refuses to certify, Certificate of Property Value $28.00 U.S. as provided for above, the person ag(minimum) (fee based on

grieved may submit his aforementioned value of property and

statement to the Secretary: Provided, nature of investigations

That a copy of such statement shall first made).

be filed with the Registrar, and the Reg(b) Other fees and charges:

istrar shall transmit, to the secretary, a

statement of his decision or action and Search and copying records $0.30 per page. and documents.

his reasons for refusing to so certify. Certifying copies of records $0.50

(d) The Secretary, as soon as practiand documents.

cable, shall render his decision to the

person taking the appeal and to the (56 Stat. 1067; 5 U.S.C. 606, 15 CFR 4.2)

Registrar. (29 F.R. 15569, Nov. 20, 1964) 8 363.12 Accredited agent.

8 363.14 Inspection of records.

Any person desiring to inspect the (a) Articles of incorporation of a

records of a China Trade Act corporation China Trade Act corporation shall state

on file with the Registrar or the Secrethe name and address of its accredited

tary, shall submit his application to the agent, who shall reside within the Dis- Secretary or the Registrar, as the case trict of Columbia. Power of attorney appointing said agent shall be certified

§ 363.15 Citizenship of incorporators, by the incorporators and filed in dupli

directors, or officers. cate with the Secretary or the Registrar,

Whenever an incorporator, & director, as the case may be, at the time of

or oficer of a China Trade Act corporefiling application for certificate of in

tion, resident in China, is a naturalized corporation. Before issuance of said

American citizen, he shall set forth in certificate a letter of consent to act shall writing and file with the Registrar the be certified by said agent and filled with name and place of the diplomatic or

may be.

consular office where he is registered as (b) Two copies of balance sheet and a naturalized American citizen, and such two copies of statement of profit and loss registration shall be verified by the for said fiscal year, audited and certified Registrar, by obtaining & written state- by an accredited public accountant. ment from said diplomatic or consular (c) Whenever the articles of incorpooffice that such person has a valid cur- ration or bylaws of a corporation provide rent registration.

for the adoption of the annual report by

the stockholders, there shall be filed, in 8 363.16 Annual report.

duplicate, and aitlxed to Form 8, a stateThe fiscal year of a China Trade ment by an authorized officer of the corAct corporation shall end December 31, poration showing that all shares of stock and on or before March 15 of each voted were fully paid: Provided, That succeeding year such corporation shall when such information is incorporated file with the Registrar & report of in the minutes said statement need not its business for said fiscal year show- be filed, ing the financial condition of the (d) There shall be affixed to said Form corporation at the close of said year: 8, a statement, in duplicate, setting forth Provided, That an extension of time in the names, addresses, and nationalities which to file said report may, in the dis- of all stockholders of the corporation on cretion of the Registrar be obtained if the last day of the fiscal year ending requested in writing prior to said March December 31, including number of shares 15; Provided further, That in all cases and classes of stock held by each: Prothe time for Aling said report for any vided, That such information may be year beginning after December 31, 1940, incorporated in the minutes of said is extended until the fifteenth day of the meeting. sixth month following the month in Whenever & special tax-saving diviwhich the present war with Germany, dend is declared there shall also be filled Italy, and Japan is terminated, as pro- by the corporation, in duplicate, a certifclaimed by the President, or to such other cate of distribution of special dividend. extended date as the Registrar or the (e) Statement, in duplicate, setting Secretary of Commerce shall set. Any forth the names, residences, and nationcorporation engaged in business for a alities of directors and officers elected for period of less than 1 year, or any corpo- the ensuing year, provided that such in. ration which is in process of dissolution formation may be set forth in the minor liquidation, shall file an annual report utes of said meeting in lieu of filing said as herein prescribed, for such period as statement: Provided, That when such it is operated as a China Trade Act cor- directors and officers are elected subseporation. The annual report shall be quently to the adoption of the annual adopted at a meeting of the stockholders report, the corporation shall file such or directors, in accordance with the arti- statements, in duplicate, with the Regiscles of incorporation or the bylaws of trar immediately upon the election of such corporation and shall consist of the said directors and officers. Such statefollowing documents which shall be ments shall be certified to by the secreaffixed to and made a part of Form 8 tary of the corporation. (said form shall be signed and sworn to

(Sec. 12, 42 Stat. 853; 15 U.S.C. 152) under oath by the Secretary of the corporation in the manner therein pro- § 363.17 Filing documents. vided):

(a) Documents to be transmitted to (a) Minutes of meeting, in duplicate, Secretary by Registrar. When applicawhich shall show, in addition to other

tion is made in China for certificate business transacted, the adoption of sudited balance sheet and statement of

of incorporation, the Registrar sball profit and loss for said fiscal year. In

transmit the following documents to ueu of filing, in duplicate, notice of call,

the Secretary: (1) Original applican said notice may be incorporated in the

tion; (2) the original articles of inminutes as provided for by $ 363.10 (a). corporation and two copies. When When notice of call of meeting is waived the certificate of incorporation is isor any votes are voted by proxy at said sued, the original shall be filled with meeting an authorized officer of the cor- the Secretary and two copies of certifiporation shall certify to any such waiver cate certified by the Secretary, with said or proxy in the manner prescribed by copies of articles attached, shall be re$ 383.10.

turned to the Registrar for his files and

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