Code of Federal Regulations · Section

§ 598.405 — Transactions Incidental To A Licensed Transaction

31 C.F.R. § 598.405

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Any transaction ordinarily incident to a licensed transaction and necessary to give effect to the licensed transaction is also authorized by the license. Except as specifically authorized by the terms of a license, prohibited transactions by specially designated narcotics traffickers and debits to accounts blocked pursuant to § 598.202 are not considered incidental to a licensed transaction and therefore remain prohibited.

31 C.F.R. § 598.404 31 C.F.R. § 598.406

Authorizing Statute