31 CFR 544.410 - Setoffs prohibited.

Regulations last checked for updates: Feb 11, 2026

Title 31 - Money and Finance: Treasury last revised: Jan 02, 2026

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

§ 544.410 - 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 § 544.201 if effected after the effective date.

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 544.410