---
kind: "section"
citation: "31 C.F.R. § 576.412"
title: "31"
number: "576.412"
heading: "Entities owned by one or more persons whose property and interests in property are blocked."
url: "https://uscodex.org/cfr/31/576.412"
---

# §576.412. Entities owned by one or more persons whose property and interests in property are blocked.


Persons whose property and interests in property are blocked pursuant to [§ 576.201](/cfr/31/576.201.md) have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to [§ 576.201](/cfr/31/576.201.md), regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).


## Notes

### Amendments

[87 FR 78478, Dec. 21, 2022]

### 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.

### Amendments

[87 FR 78478, Dec. 21, 2022]