Section 589.411 - Entities owned by one or more persons whose property and interests in property are blocked or who are subject to Section 589.202, Section 589.203, Section 589.204, or Section 589.205(a) Persons whose property and interests in property are blocked pursuant to § 589.201 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 § 589.201 , regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).(b) Persons subject to § 589.202 , § 589.203 , § 589.204 , or § 589.205 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 also subject to § 589.202 , § 589.203 , § 589.204 , or § 589.205 , regardless of whether the name of the entity is incorporated into OFAC's Sectoral Sanctions Identifications List.