[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: 31CFR598.301]



[Page 494-495]

 

                  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 C_General Definitions

 

Sec. 598.301  Blocked account; blocked property.





    The terms blocked account and blocked property mean any account or 

property subject to Sec. 598.202 held in the name of a specially 

designated narcotics trafficker, or in which a specially designated 

narcotics trafficker 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



[[Page 495]]



authorization or license from the Office of Foreign Assets Control 

authorizing such action.