Executive Order 12170 was issued by American president Jimmy Carter on 14 November 1979 during the Iran hostage crisis. This allowed the freezing of all Iranian assets held within the United States.
| â†Executive Order 12169 | Executive Order
12170 by President of the United States Blocking Iranian Government Property |
Executive Order 12171→ |
| Signed by President Jimmy Carter November 14, 1979 | Federal Register page and date: 44 FR 65729, November 15, 1979 |
| See the Notes section for a listing of
Executive Orders affected by or related to the issuance of this
Executive Order. Executive Order 12170 was issued during the Iran hostage crisis. This allowed the freezing of all Iranian assets held within the United States. — Excerpted from Executive Order 12170 on Wikipedia, the free encyclopedia. |
Executive Order 12170 of November 14, 1979
Blocking Iranian Government Property
Pursuant to the authority vested in me as President by the
Constitution and laws of the United States including the International Emergency Economic Powers
Act, 50 U.S.C.A. sec. 1701 et seq., the National Emergencies Act, 50 U.S.C. sec.
1601 et seq., and 3 U.S.C. sec. 301.
I, JIMMY CARTER, President of the United States, find that the situation in Iran constitutes an unusual and extraordinary threat to the national security, foreign policy and economy of the United States and hereby declare a national emergency to deal with that threat.
I hereby order blocked all property and interests in property of the Government of Iran, its instrumentalities and controlled entities and the Central Bank of Iran which are or become subject to the jurisdiction of the United States or which are in or come within the possession or control of persons subject to the jurisdiction of the United States.
The Secretary of the Treasury is authorized to employ all powers granted to me by the International Emergency Economic Powers Act to carry out the provisions of this order.
This order is effective immediately and shall be transmitted to the Congress and published in the Federal Register.

| This work is in the public domain in the United States because it is a work of the United States federal government (see 17 U.S.C. 105). |
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