[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: 31CFR587.406]



[Page 399-400]

 

                  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



[[Page 400]]



know, a person designated in or pursuant to Sec. 587.201(a) has or has 

had an interest since the effective date.