31 C.F.R. § 585.405

Current through September 30, 2024
Section 585.405 - 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 § 585.201 if effected after the effective date.

31 C.F.R. §585.405

86 FR 3794, 1/15/2021