31 C.F.R. § 599.405

Current through November 30, 2024
Section 599.405 - 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 § 599.201 if effected after the effective date.

31 C.F.R. §599.405

87 FR 77712 , 12/20/2022