Regulations last checked for updates: May 02, 2025

Title 31 - Money and Finance: Treasury last revised: Apr 15, 2025
§ 582.404 - 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 § 582.201; 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.

source: 84 FR 46441, Sept. 4, 2019, unless otherwise noted.
cite as: 31 CFR 582.404