31 CFR 595.301 - Blocked account; blocked property.

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Title 31: Money and Finance: Treasury

Subtitle B: Regulations Relating to Money and Finance (Continued)

CHAPTER V: OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

PART 595: TERRORISM SANCTIONS REGULATIONS

Subpart C: General Definitions

595.301 - Blocked account; blocked property.

The terms blocked account and blocked property shall mean any account or property subject to the prohibition in ? 595.201 held in the name of a specially designated terrorist or in which a specially designated terrorist has an interest, and with respect to which payments, transfers, exportations, withdrawals, or other dealings may not be made or effected except pursuant to an authorization or license from the Office of Foreign Assets Control authorizing such action.

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