§ 544.406. Offshore transactions.
77 words·~1 min read·
/us/cfr/t31/s§ 544.406·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The prohibitions in § 544.201 on transactions or dealings involving blocked property apply to transactions by any U.S. person in a location outside the United States with respect to property held in the name of a person whose property and interests in property are blocked pursuant to § 544.201(a), or property in which a person whose property and interests in property are blocked pursuant to § 544.201(a) has or has had an interest since the effective date.