31 C.F.R. § 582.405

Current through May 31, 2024
Section 582.405 - Setoffs prohibited

A setoff against blocked property (including a blocked account), whether by a U.S. bank or other U.S. person, is a prohibited transfer under § 582.201 if effected after the effective date.

31 C.F.R. § 582.405

84 FR 46441, 9/4/2019