Code of Federal Regulations · Section
§ 558.301 — Blocked Account; Blocked Property
31 C.F.R. § 558.301
View:
The terms blocked account and blocked property mean any account or property subject to the prohibitions in § 558.201 held in the name of a person whose property and interests in property are blocked pursuant to § 558.201, or in which such person has an interest, and with respect to which payments, transfers, exportations, withdrawals, or other dealings may not be made or effected except pursuant to a license or other authorization from OFAC expressly authorizing such action.
Authorizing Statute
-
Mode of recovery28 U.S.C. § 2461
-
General authority of the Secretary31 U.S.C. § 321
-
Termination of existing declared emergencies50 U.S.C. § 1601