---
kind: "section"
citation: "31 C.F.R. § 562.404"
title: "31"
number: "562.404"
heading: "Transactions ordinarily incident to a licensed transaction authorized."
url: "https://uscodex.org/cfr/31/562.404"
---

# §562.404. Transactions ordinarily incident to a licensed transaction authorized.


Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except:

- (a) An ordinarily incident transaction, not explicitly authorized within the terms of the license, by or with a person whose property and interests in property are blocked pursuant to [§ 562.201](/cfr/31/562.201.md); or
- (b) An ordinarily incident transaction, not explicitly authorized within the terms of the license, involving a debit to a blocked account or a transfer of blocked property.

## Notes

### Authority

Authority: 3 U.S.C. 301; 18 U.S.C. 2332d; 22 U.S.C. 8501-8551; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 13553, 75 FR 60567, 3 CFR, 2010 Comp., p. 253; E.O. 13871, 84 FR 20761, 3 CFR, 2019 Comp., p. 308.

### Source

SOURCE: 76 FR 7695, Feb. 11, 2011, unless otherwise noted.