---
kind: "section"
citation: "31 C.F.R. § 585.301"
title: "31"
number: "585.301"
heading: "Blocked account; blocked property."
url: "https://uscodex.org/cfr/31/585.301"
---

# §585.301. Blocked account; blocked property.


The terms blocked account and blocked property shall mean any account or property subject to the prohibitions in [§ 585.201](/cfr/31/585.201.md) held in the name of a person whose property and interests in property are blocked pursuant to [§ 585.201](/cfr/31/585.201.md), or in which such person has an interest, and with respect to which payments, transfers, exportations, withdrawals, or other dealings may not be made or effected except pursuant to a license or other authorization from OFAC expressly authorizing such action.


## 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 (28 U.S.C. 2461 note); E.O. 13936, 85 FR 43413, 3 CFR, 2020 Comp., p. 399.

### Source

Source: 86 FR 3794, Jan. 15, 2021, unless otherwise noted.
