Code of Federal Regulations · Section

§ 566.316 — Payable-through Account

31 C.F.R. § 566.316

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The term payable-through account means an account, including a transaction account as defined in § 566.317, opened at a depository institution by a foreign financial institution by means of which the foreign financial institution permits its customers to engage, either directly or through a subaccount, in banking activities usual in connection with the business of banking in the United States.

31 C.F.R. § 566.315 31 C.F.R. § 566.317

Authorizing Statute

Unusual and extraordinary threat; declaration of national emergency; exercise of Presidential authorities
50 U.S.C. § 1701
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