---
kind: "section"
citation: "31 C.F.R. § 525.412"
title: "31"
number: "525.412"
heading: "Entities of which one or more blocked persons is a member, leader, official, senior executive officer, or otherwise exercises control."
url: "https://uscodex.org/cfr/31/525.412"
---

# §525.412. Entities of which one or more blocked persons is a member, leader, official, senior executive officer, or otherwise exercises control.

- (a) The property and interests in property of an entity, including any political subdivision, agency, or instrumentality of a governmental entity, are not blocked solely because one or more persons whose property and interests in property are blocked pursuant to [§ 525.201](/cfr/31/525.201.md) is a member, leader, official, senior executive officer, or otherwise exercises control.
- (b) For example, U.S. persons may not, except as authorized or exempt pursuant to this part, engage in the following transactions with a person whose property and interests in property are blocked pursuant to [§ 525.201](/cfr/31/525.201.md): enter into contracts that are signed by a blocked person, enter into negotiations with a blocked person, or process transactions, directly or indirectly, on behalf of a person whose property and interests in property are blocked pursuant to [§ 525.201](/cfr/31/525.201.md). However, U.S. persons are not prohibited from engaging in a routine interaction with an agency in which a blocked person is an official, but which does not involve the blocked person directly or indirectly.

## Notes

### Authority

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 28 U.S.C. 2461 note (Pub. L. 101-410, 104 Stat. 890, as amended); E.O. 14014, 86 FR 9429, 3 CFR, 2021 Comp., p. 514.

### Source

Source: 89 FR 89483, Nov. 13, 2024, unless otherwise noted.