---
kind: "section"
citation: "31 C.F.R. § 546.409"
title: "31"
number: "546.409"
heading: "Credit extended and cards issued by U.S. financial institutions."
url: "https://uscodex.org/cfr/31/546.409"
---

# §546.409. Credit extended and cards issued by U.S. financial institutions.


The prohibition in [§ 546.201](/cfr/31/546.201.md) on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including, but not limited to, charge cards, debit cards, or other credit facilities issued by a U.S. financial institution to a person whose property and interests in property are blocked pursuant to [§ 546.201](/cfr/31/546.201.md).


## Notes

### Amendments

[74 FR 25432, May 28, 2009, as amended at 89 FR 15752, Mar. 5, 2024]

### Authority

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997 Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220; E.O. 14098, 88 FR 29529.

### Source

Source: 74 FR 25432, May 28, 2009, unless otherwise noted.

### Amendments

[74 FR 25432, May 28, 2009, as amended at 89 FR 15752, Mar. 5, 2024]