[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR515.319]



[Page 100]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 515_CUBAN ASSETS CONTROL REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec.  515.319  Blocked account.



    The term blocked account shall mean an account in which any 

designated national has an interest, with respect to which account 

payments, transfers or withdrawals or other dealings may not be made or 

effected except pursuant to an authorization or license authorizing such 

action. The term blocked account shall not be deemed to include accounts 

of unblocked nationals.



[28 FR 6974, July 9, 1963; 28 FR 7427, July 20, 1963]