1. Regulations
  2. title 31
  3. chapter V
  4. part 584
  5. subpart D
  6. § 584.410

View all text of Subpart D [§ 584.401 - § 584.410]

§ 584.410 - Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to § 584.201 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 § 584.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

[82 FR 60508, Dec. 21, 2017, as amended at 87 FR 78479, Dec. 21, 2022]

AUTHORITY: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); Pub. L. 112-208, Title IV, 126 Stat. 1502 (22 U.S.C. 5811 note).

SOURCE: 82 FR 60508, Dec. 21, 2017, unless otherwise noted.

CITE AS: 31 CFR 584.410