31 CFR 549.410 - Setoffs prohibited.
Beta! The text on the eCFR tab represents the unofficial eCFR text at ecfr.gov.
§ 549.410 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 § 549.201 if effected after the effective date.