[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: 31CFR595.301]



[Page 468]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 595_TERRORISM SANCTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 595.301  Blocked account; blocked property.





    The terms blocked account and blocked property shall mean any 

account or property subject to the prohibition in Sec. 595.201 held in 

the name of a specially designated terrorist or in which a specially 

designated terrorist has an interest, and with respect to which 

payments, transfers, exportations, withdrawals, or other dealings may 

not be made or effected except pursuant to an authorization or license 

from the Office of Foreign Assets Control authorizing such action.