---
kind: "section"
citation: "31 C.F.R. § 850.301"
title: "31"
number: "850.301"
heading: "Undertaking a prohibited transaction."
url: "https://uscodex.org/cfr/31/850.301"
---

# §850.301. Undertaking a prohibited transaction.


A U.S. person may not engage in a prohibited transaction unless an exemption for that transaction has been granted under [§ 850.502](/cfr/31/850.502.md).


## Notes

### Authority

Authority: 50 U.S.C. 1701 et seq.; E.O. 14105, 88 FR 54867, 31 U.S.C. 321.

### Source

Source: 89 FR 90462, Nov. 15, 2024, unless otherwise noted.