[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR535.420]



[Page 150]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 535_IRANIAN ASSETS CONTROL REGULATIONS--Table of Contents

 

                        Subpart D_Interpretations

 

Sec. 535.420  Transfers of accounts under Sec. 535.508 from demand to 

interest-bearing status.



    Section 535.508 authorizes transfer of a blocked demand deposit 

account to interest-bearing status at the instruction of the Iranian 

depositor at any time.



[44 FR 76784, Dec. 28, 1979]