[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: 31CFR550.313]



[Page 278]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 550_LIBYAN SANCTIONS REGULATIONS--Table of Contents

 

                          Subpart C_Definitions

 

Sec. 550.313  Transfer.



    The term transfer shall mean 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, 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 appointment of any agent, trustee, or fiduciary; the creation or 

transfer of any lien; the issuance, docketing, filing, or the 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, or the exercise of any power of appointment, power of 

attorney, or other power.



[51 FR 2463, Jan. 16, 1986]