31 CFR 576.408 - Payments from blocked accounts to satisfy obligations prohibited.

Regulations last checked for updates: May 01, 2025

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

View all text of Subpart D [§ 576.401 - § 576.412]

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

Pursuant to § 576.201, 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; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50 U.S.C. 1601

source: 75 FR 55466, Sept. 13, 2010, unless otherwise noted.

cite as: 31 CFR 576.408