§598.409. Credit extended and cards issued by financial institutions to a specially designated narcotics trafficker.
31 C.F.R. § 598.409
The prohibition in § 598.202 on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including charge cards, debit cards, or other credit facilities issued by a financial institution to a specially designated narcotics trafficker.
Notes, amendments, and revision history
Amendments
[86 FR 26669, May 17, 2021]
Authority
Authority: 3 U.S.C. 301; 21 U.S.C. 1901-1908; 31 U.S.C. 321(b); Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note).
Source
Source: 65 FR 41336, July 5, 2000, unless otherwise noted.
Amendments
[86 FR 26669, May 17, 2021]