31 C.F.R. § 549.411

Current through September 30, 2024
Section 549.411 - Entities owned by one or more persons whose property and interests in property are blocked

Persons whose property and interests in property are blocked pursuant to § 549.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to § 549.201 , regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

31 C.F.R. §549.411

87 FR 78475, Dec. 21, 2022
87 FR 78475, 12/21/2022