[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: 31CFR598.202]



[Page 492]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 598_FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS--Table of 

Contents

 

                         Subpart B_Prohibitions

 

Sec. 598.202  Blocking of assets.



    Except to the extent provided in regulations, orders, instructions, 

licenses, or directives issued pursuant to this part, and 

notwithstanding any contract entered into or any license or permit 

granted prior to the effective date, there are blocked as of the 

effective date, and any date thereafter, all such property and interests 

in property within the United States, or within the possession or 

control of any United States person, which are owned or controlled by a 

specially designated narcotics trafficker.