31 C.F.R. § 598.404

Current through September 30, 2024
Section 598.404 - 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 § 598.202 if effected after the effective date.

31 C.F.R. §598.404

86 FR 26669, May 17, 2021
86 FR 26669, 5/17/2021