31 C.F.R. § 584.409

Current through November 30, 2024

Section 584.409 - Setoffs prohibited

A setoff against blocked property (including a blocked account), whether by a U.S. bank or other U.S. person, is a prohibited transfer under § 584.201 if effected after the effective date.

31 C.F.R. §584.409

82 FR 60509 , 12/21/2017; 82 FR 60509 , 12/21/2017