---
kind: "section"
citation: "31 C.F.R. § 597.405"
title: "31"
number: "597.405"
heading: "Transactions incidental to a licensed transaction."
url: "https://uscodex.org/cfr/31/597.405"
---

# §597.405. Transactions incidental to a licensed transaction.


Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except a transaction by an unlicensed, foreign terrorist organization or its agent or involving a debit to a blocked account or a transfer of blocked funds not explicitly authorized within the terms of the license.


## Notes

### Authority

Authority: 8 U.S.C. 1189; 18 U.S.C. 2339B; 31 U.S.C. 321(b); Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note).

### Source

Source: 62 FR 52495, Oct. 8, 1997, unless otherwise noted.