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e-CFR data is current as of September 16, 2020

Title 31Subtitle BChapter VPart 553Subpart D → §553.406


Title 31: Money and Finance: Treasury
PART 553—CENTRAL AFRICAN REPUBLIC SANCTIONS REGULATIONS
Subpart D—Interpretations


§553.406   Entities owned by a person whose property and interests in property are blocked.

A person whose property and interests in property are blocked pursuant to §553.201 has an interest in all property and interests in property of an entity in which it owns, directly or indirectly, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §553.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

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