1. Regulations
  2. title 31
  3. chapter V
  4. part 553
  5. subpart D
  6. § 553.406

View all text of Subpart D [§ 553.401 - § 553.411]

§ 553.406 - Offshore transactions involving blocked property.

The prohibitions in § 553.201 on transactions or dealings involving blocked property, as defined in § 553.302, apply to transactions by any U.S. person in a location outside the United States.

AUTHORITY: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13667, 79 FR 28387, 3 CFR, 2014 Comp., p. 243.

SOURCE: 87 FR 58974, Sept. 29, 2022, unless otherwise noted.

CITE AS: 31 CFR 553.406