31 C.F.R. § 549.411

Current through October 31, 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