---
kind: "section"
citation: "31 C.F.R. § 528.403"
title: "31"
number: "528.403"
heading: "Termination and acquisition of an interest in blocked property."
url: "https://uscodex.org/cfr/31/528.403"
---

# §528.403. Termination and acquisition of an interest in blocked property.

- (a) Whenever a transaction licensed or authorized by or pursuant to this part results in the transfer of property (including any property interest) away from a person whose property and interests in property are blocked pursuant to [§ 528.201](/cfr/31/528.201.md), such property shall no longer be deemed to be property blocked pursuant to [§ 528.201](/cfr/31/528.201.md), unless there exists in the property another interest that is blocked pursuant to [§ 528.201](/cfr/31/528.201.md), the transfer of which has not been effected pursuant to license or other authorization.
- (b) Unless otherwise specifically provided in a license or authorization issued pursuant to this part, if property (including any property interest) is transferred or attempted to be transferred to a person whose property and interests in property are blocked pursuant to [§ 528.201](/cfr/31/528.201.md), such property shall be deemed to be property in which such person has an interest and therefore blocked.

## 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. 14203, 90 FR 9369.

### Source

Source: 90 FR 28013, July 1, 2025, unless otherwise noted.