---
kind: "section"
citation: "31 C.F.R. § 596.403"
title: "31"
number: "596.403"
heading: "Transactions incidental to a licensed transaction."
url: "https://uscodex.org/cfr/31/596.403"
---

# §596.403. Transactions incidental to a licensed transaction.


Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized.


## Notes

### Authority

Authority: 18 U.S.C. 2332d; 22 U.S.C. 7201-7211; 31 U.S.C. 321(b).

### Source

Source: 61 FR 43463, Aug. 23, 1996, unless otherwise noted.