31 C.F.R. § 547.410

Current through September 30, 2024
Section 547.410 - 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 § 547.201 if effected after the effective date.

31 C.F.R. §547.410

83 FR 57314, 11/15/2018