31 CFR 528.404 - Transactions ordinarily incident to a licensed transaction.

Regulations last checked for updates: Jul 08, 2025

Title 31 - Money and Finance: Treasury last revised: Jul 01, 2025

View all text of Subpart D [§ 528.401 - § 528.406]

§ 528.404 - Transactions ordinarily incident to a licensed transaction.

Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except:

(a) An ordinarily incident transaction, not explicitly authorized within the terms of the license, by or with a person whose property and interests in property are blocked pursuant to § 528.201; or

(b) An ordinarily incident transaction, not explicitly authorized within the terms of the license, involving a debit to a blocked account or a transfer of blocked property.

authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,1701; 28 U.S.C. 2461 note (Pub. L. 101-410, 104 Stat. 890, as amended); E.O. 14203, 90 FR 9369

source: 90 FR 28013, July 1, 2025, unless otherwise noted.

cite as: 31 CFR 528.404