[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: 31CFR542.309]



[Page 244]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 542_SYRIAN SANCTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 542.309  Transfer.



    The term transfer means any actual or purported act or transaction, 

whether or not evidenced by writing, and whether or not done or 

performed within the United States, the purpose, intent, or effect of 

which is to create, surrender, release, convey, transfer, or alter, 

directly or indirectly, any right, remedy, power, privilege, or interest 

with respect to any property and, without limitation upon the foregoing, 

shall include the making, execution, or delivery of any assignment, 

power, conveyance, check, declaration, deed, deed of trust, power of 

attorney, power of appointment, bill of sale, mortgage, receipt, 

agreement, contract, certificate, gift, sale, affidavit, or statement; 

the making of any payment; the setting off of any obligation or credit; 

the appointment of any agent, trustee, or fiduciary; the creation or 

transfer of any lien; the issuance, docketing, filing, or levy of or 

under any judgment, decree, attachment, injunction, execution, or other 

judicial or administrative process or order, or the service of any 

garnishment; the acquisition of any interest of any nature whatsoever by 

reason of a judgment or decree of any foreign country; the fulfillment 

of any condition; the exercise of any power of appointment, power of 

attorney, or other power; or the acquisition, disposition, 

transportation, importation, exportation, or withdrawal of any security.