31 C.F.R. § 598.301   Blocked account; blocked property.


Title 31 - Money and Finance: Treasury


Title 31: Money and Finance: Treasury
PART 598—FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS
Subpart C—General Definitions

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§ 598.301   Blocked account; blocked property.

The terms blocked account and blocked property mean any account or property subject to §598.202 held in the name of a specially designated narcotics trafficker, or in which a specially designated narcotics trafficker 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 authorizing such action.

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