§ 548.406. Offshore transactions involving blocked property.
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/us/cfr/t31/s§ 548.406·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The prohibitions in § 548.201 on transactions or dealings involving blocked property, as defined in § 548.301 apply to transactions by any U.S. person in a location outside the United States.