Section 576.404 - Termination and acquisition of an interest in property(a) Whenever a transaction licensed or authorized by or pursuant to this part results in the transfer of property (including any property interest) away from a person, such property shall no longer be deemed to be property blocked pursuant to § 576.201 , unless there exists in the property another interest that is blocked pursuant to § 576.201 or any other part of this chapter, the transfer of which has not been effected pursuant to license or other authorization.(b) Unless otherwise specifically provided in a license or authorization issued pursuant to this part, if property (including any property interest) is transferred or attempted to be transferred to a person whose property and interests in property are blocked pursuant to § 576.201(a) , such property shall be deemed to be property in which that person has an interest and therefore blocked. 75 FR 55466 , Sept. 13, 2010, as amended 82 FR 61451 , Dec. 28, 2017