31 C.F.R. § 552.409

Current through November 30, 2024

Section 552.409 - Credit extended and cards issued by financial institutions to a person whose property and interests in property are blocked

The prohibition in § 552.201 on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including charge cards, debit cards, or other credit facilities issued by a financial institution to a person whose property and interests in property are blocked pursuant to § 552.201 .

31 C.F.R. §552.409

85 FR 68463 , 10/29/2020