---
kind: "section"
citation: "31 C.F.R. § 576.405"
title: "31"
number: "576.405"
heading: "Transactions ordinarily incident to a licensed transaction."
url: "https://uscodex.org/cfr/31/576.405"
---

# §576.405. Transactions ordinarily incident to a licensed transaction.


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 [§ 576.201(a)](/cfr/31/576.201.md?p=a); 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.
- (c)

## Notes

### Authority

Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 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. 13303, 68 FR 31931, 3 CFR, 2003 Comp., p. 227; E.O. 13315, 68 FR 52315, 3 CFR, 2003 Comp., p. 252; E.O. 13350, 69 FR 46055, 3 CFR, 2004 Comp., p. 196; E.O. 13364, 69 FR 70177, 3 CFR, 2004 Comp., p. 236; E.O. 13438, 72 FR 39719, 3 CFR, 2007 Comp., p. 224; E.O. 13668, 79 FR 31019, 3 CFR, 2014 Comp., p. 248.

### Source

Source: 75 FR 55466, Sept. 13, 2010, unless otherwise noted.