---
kind: "section"
citation: "31 C.F.R. § 558.410"
title: "31"
number: "558.410"
heading: "Setoffs prohibited."
url: "https://uscodex.org/cfr/31/558.410"
---

# §558.410. Setoffs prohibited.


A setoff against blocked property (including a blocked account), whether by a U.S. financial institution or other U.S. person, is a prohibited transfer under [§ 558.201](/cfr/31/558.201.md) if effected after 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. 13664, 79 FR 19283, 3 CFR, 2014 Comp., p. 238.

### Source

Source: 88 FR 31612, May 18, 2023, unless otherwise noted.