[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: 31CFR585.305]



[Page 356]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 585_FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA AND MONTENEGRO) AND 

 

                      Subpart C_General Definitions

 

Sec. 585.305  Transfer.



    The term transfer means any actual or purported act of 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, including funds, 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 

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; 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.