If Frank Donovan officially holds the position of the head of state of Venezuela on Dec 31, 2026 at 10:00 AM ET, then the market resolves to Yes. The person must officially hold the specified role at 10:00 AM ET on the check date. This means they must be formally appointed, confirmed (if required), sworn in, and actively serving with full authority. Nominees awaiting confirmation, acting/interim appointees (unless explicitly specified), suspended officials, or those on leave do not qualify. The market checks the status at a specific moment in time, not whether the person achieves the role before that date. Official directories, organizational charts, and government sources determine the official status. This market will close and expire early if the role status becomes definitively determined.