---
kind: "section"
citation: "31 C.F.R. § 583.411"
title: "31"
number: "583.411"
heading: "Entities owned by one or more persons whose property and interests in property are blocked."
url: "https://uscodex.org/cfr/31/583.411"
---

# §583.411. 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 [§ 583.201](/cfr/31/583.201.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 [§ 583.201](/cfr/31/583.201.md), regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).


## Notes

### Authority

Authority: 3 U.S.C. 301; 22 U.S.C. 10101-10103; 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); Pub. L. 116-145, 134 Stat. 651, as amended (22 U.S.C. 6901 note); Pub. L. 117-78, 135 Stat. 1531 (22 U.S.C. 6901 note); E.O. 13818, 82 FR 60839, 3 CFR, 2017 Comp., p. 399.

### Source

Source: 89 FR 17731, Mar. 12, 2024, unless otherwise noted.
