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Electronic Code of Federal Regulations

e-CFR data is current as of December 3, 2019

Title 31Subtitle BChapter VPart 579Subpart D → §579.405


Title 31: Money and Finance: Treasury
PART 579—FOREIGN INTERFERENCE IN U.S. ELECTIONS SANCTIONS REGULATIONS
Subpart D—Interpretations


§579.405   Setoffs prohibited.

A setoff against blocked property (including a blocked account), whether by a U.S. bank or other U.S. person, is a prohibited transfer under §579.201 if effected after the effective date.

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