§552.407. Payments from blocked accounts to satisfy obligations prohibited.
31 C.F.R. § 552.407
Pursuant to § 552.201, no debits may be made to a blocked account to pay obligations to U.S. persons or other persons, except as authorized by or pursuant to this part.
Notes, amendments, and revision history
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.