Code of Federal Regulations (alpha)

CFR /  Title 31  /  Part 547  /  Sec. 547.406 Offshore transactions.

The prohibitions in Sec. 547.201 on transactions or dealings involving blocked property apply to transactions by any U.S. person in a location outside the United States with respect to property held in the name of a person whose property and interests in property are blocked pursuant to Sec. 547.201(a), or property in which a person whose property and interests in property are blocked pursuant to Sec. 547.201(a) has or has had an interest since the effective date.