31 C.F.R. § 536.403 Termination and acquisition of an interest in blocked property.
Title 31 - Money and Finance: Treasury
(a) Whenever a transaction licensed or authorized by or pursuant to this part results in the transfer of property (including any property interest) away from a specially designated narcotics trafficker, such property shall no longer be deemed to be property in which a specially designated narcotics trafficker has or has had an interest, or which is held in the name of a specially designated narcotics trafficker, unless there exists in the property another interest of a specially designated narcotics trafficker, the transfer of which has not been effected pursuant to license or other authorization. (b) Unless otherwise specifically provided in a license or authorization issued pursuant to this part, if property (including any property interest) is transferred or attempted to be transferred to a specially designated narcotics trafficker, such property shall be deemed to be property in which there exists an interest of the specially designated narcotics trafficker.
Title 31: Money and Finance: Treasury
PART 536—NARCOTICS TRAFFICKING SANCTIONS REGULATIONS
Subpart D—Interpretations
§ 536.403 Termination and acquisition of an interest in blocked property.
