31 CFR 558.407
§ 558.407 Payments from blocked accounts to satisfy obligations prohibited.
United States · 31 CFR — Money and Finance: Treasury · Status: effective
Cite this
- Citation
- 31 CFR 558.407, § 558.407 Payments from blocked accounts to satisfy obligations prohibited, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/142190
- Permanent ID
ys:prov:142190@1- SHA-256
54635f07d94c7959a342109e88669e6705020a0dbf2c7ecb578c2b753ec62625
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Full text
Pursuant to § 558.201, no debits may be made to a blocked account to pay obligations to U.S. persons or other persons, except as authorized by or pursuant to this part.
See also § 558.502(e), which provides that no license or other authorization contained in or issued pursuant to this part authorizes transfers of or payments from blocked property or debits to blocked accounts unless the license or other authorization explicitly authorizes the transfer of or payment from blocked property or the debit to a blocked account.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.