---
kind: "section"
citation: "31 C.F.R. § 544.406"
title: "31"
number: "544.406"
heading: "Offshore transactions."
url: "https://uscodex.org/cfr/31/544.406"
---

# §544.406. Offshore transactions.


The prohibitions in [§ 544.201](/cfr/31/544.201.md) on transactions or dealings involving blocked property apply to transactions by any U.S. person in a location outside the United States with respect to property held in the name of a person whose property and interests in property are blocked pursuant to [§ 544.201(a)](/cfr/31/544.201.md?p=a), or property in which a person whose property and interests in property are blocked pursuant to [§ 544.201(a)](/cfr/31/544.201.md?p=a) has or has had an interest since the effective date.


## Notes

### Authority

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200; E.O. 13382, 70 FR 38567, 3 CFR, 2005 Comp., p. 170.

### Source

Source: 74 FR 16773, Apr. 13, 2009, unless otherwise noted.