### Question
How does the law define certificate of divestiture?


### Answer
Under *26 U.S.C. § 1043*, **certificate of divestiture** is defined as:

> any written determination—


(A) that states that divestiture of specific property is reasonably necessary to comply with any Federal conflict of interest statute, regulation, rule, or executive order (including section 208 of title 18, United States Code), or requested by a congressional committee as a condition of confirmation,


(B) that has been issued by the President or the Director of the Office of Government Ethics, and


(C) that identifies the specific property to be divested

#### Citation:
  - *26 U.S.C. § 1043*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter O-Gain or Loss on Disposition of Property > PART III-COMMON NONTAXABLE EXCHANGES**

