[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR587.406]

[Page 879]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
PART 587_FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA AND MONTENEGRO) MILOSEVIC 
SANCTIONS REGULATIONS--Table of Contents
 
                        Subpart D_Interpretations
 
Sec. 587.406  Offshore transactions.

    The prohibitions in Sec. 587.201 apply to transactions by any U.S. 
person in a location outside the United States with respect to property 
that the U.S. person knows, or has reason to know, is held in the name 
of a person designated in or pursuant to Sec. 587.201(a) or in which 
the U.S. person knows, or has reason to know, a person designated in or 
pursuant to Sec. 587.201(a) has or has had an interest since the 
effective date.