31 CFR 544.407 - Payments from blocked accounts to satisfy obligations prohibited.

Regulations last checked for updates: Apr 30, 2025

Title 31 - Money and Finance: Treasury last revised: Apr 15, 2025

View all text of Subpart D [§ 544.401 - § 544.411]

§ 544.407 - Payments from blocked accounts to satisfy obligations prohibited.

Pursuant to § 544.201, no debits may be made to a blocked account to pay obligations to U.S. persons or other persons, except as authorized by or pursuant to this part.

authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601

source: 74 FR 16773, Apr. 13, 2009, unless otherwise noted.

cite as: 31 CFR 544.407