31 C.F.R. § 587.301   Blocked account; blocked property.


Title 31 - Money and Finance: Treasury


Title 31: Money and Finance: Treasury
PART 587—FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA AND MONTENEGRO) MILOSEVIC SANCTIONS REGULATIONS
Subpart C—General Definitions

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§ 587.301   Blocked account; blocked property.

The terms blocked account and blocked property shall mean any account or property subject to the prohibitions in §587.201 held in the name of a person designated in or pursuant to §587.201(a), or in which a person designated in or pursuant to §587.201(a) has an interest, and with respect to which payments, transfers, exportations, withdrawals, or other dealings may not be made or effected except pursuant to an authorization or license from the Office of Foreign Assets Control expressly authorizing such action.

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