---
kind: "section"
citation: "31 C.F.R. § 552.406"
title: "31"
number: "552.406"
heading: "Offshore transactions involving blocked property."
url: "https://uscodex.org/cfr/31/552.406"
---

# §552.406. Offshore transactions involving blocked property.


The prohibitions in [§ 552.201](/cfr/31/552.201.md) on transactions or dealings involving blocked property, as defined in [§ 552.301](/cfr/31/552.301.md), apply to transactions by any U.S. person in a location outside the United States.


## 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. 13611, 77 FR 29533, 3 CFR, 2012 Comp., p. 260.

### Source

Source: 85 FR 68463, Oct. 29, 2020, unless otherwise noted.