31 C.F.R. § 587.405

Current through November 30, 2024
Section 587.405 - Setoffs prohibited

A setoff against blocked property (including a blocked account), whether by a U.S. financial institution or other U.S. person, is a prohibited transfer under § 587.201 if effected after the effective date.

31 C.F.R. §587.405

87 FR 11297 , 3/1/2022