31 C.F.R. § 597.404 Setoffs prohibited.
Title 31 - Money and Finance: Treasury
A setoff against blocked funds (including a blocked account) by a U.S. financial institution is a prohibited transaction under §597.201 if effected after the effective date.
Title 31: Money and Finance: Treasury
PART 597—FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS
Subpart D—Interpretations
§ 597.404 Setoffs prohibited.
