Code of Federal Regulations · Section

§ 551.407 — Payments From Blocked Accounts To Satisfy Obligations Prohibited

31 C.F.R. § 551.407

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Pursuant to § 551.201, no debits may be made to a blocked account to pay obligations to U.S. persons or other persons, except as authorized by or pursuant to this part.

31 C.F.R. § 551.406 31 C.F.R. § 551.408

Authorizing Statute

General authority of the Secretary
31 U.S.C. § 321
Mode of recovery
28 U.S.C. § 2461
Economic and communication sanctions pursuant to United Nations Security Council Resolution
22 U.S.C. § 287c
General authorization to delegate functions; publication of delegations
3 U.S.C. § 301
Termination of existing declared emergencies
50 U.S.C. § 1601