Statutes, codes, and regulations
Code of Federal Regulations
Title 31 - MONEY AND FINANCE: TREASURYSubtitle B - REGULATIONS RELATING TO MONEY AND FINANCEChapter V - OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURYPart 598 - FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS
Subpart D - INTERPRETATIONS
Section 598.409 - Credit extended and cards issued by financial institutions to a specially designated narcotics trafficker

31 C.F.R. § 598.409

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Current through November 30, 2024
Section 598.409 - Credit extended and cards issued by financial institutions to a specially designated narcotics trafficker

The prohibition in § 598.202 on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including charge cards, debit cards, or other credit facilities issued by a financial institution to a specially designated narcotics trafficker.

31 C.F.R. §598.409

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