Code of Federal Regulations · Section

§ 560.428 — Credit Extended And Cards Issued By U.s. Financial Institutions

31 C.F.R. § 560.428

View:

The prohibition in § 560.211 on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including, but not limited to, charge cards, debit cards, or other credit facilities issued by a U.S. financial institution to the Government of Iran, an Iranian financial institution, or any other person whose property and interests in property are blocked pursuant to § 560.211.

31 C.F.R. § 560.427

Authorizing Statute

Mode of recovery
28 U.S.C. § 2461
General authority of the Secretary
31 U.S.C. § 321
General authorization to delegate functions; publication of delegations
3 U.S.C. § 301
Providing material support or resources to designated foreign terrorist organizations
18 U.S.C. § 2339B