§ 591.407. Settlement agreements and enforcement of certain orders through judicial process.
98 words·~1 min read·
/us/cfr/t31/s§ 591.407·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the existence of any general license issued under this part, or issued under any Executive order issued pursuant to the national emergency declared in E.O. 13692, the entry into a settlement agreement or the enforcement of any lien, judgment, arbitral award, decree, or other order through execution, garnishment, or other judicial process purporting to transfer or otherwise alter or affect property or interests in property blocked pursuant to § 591.201, as referenced in § 591.506(c), is prohibited unless authorized pursuant to a specific license issued by OFAC pursuant to this part. \[84 FR 64417, Nov. 22, 2019\]