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Code · CFR · Title 31 — Money and Finance: Treasury · Part 598 · § 598.405

§ 598.405. Transactions incidental to a licensed transaction.

61 words·~1 min read·/us/cfr/t31/s§ 598.405·

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Any transaction ordinarily incident to a licensed transaction and necessary to give effect to the licensed transaction is also authorized by the license. Except as specifically authorized by the terms of a license, prohibited transactions by specially designated narcotics traffickers and debits to accounts blocked pursuant to § 598.202 are not considered incidental to a licensed transaction and therefore remain prohibited.
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