blocked account

The terms blocked account and blocked property shall mean any account or property subject to the prohibition in 595.201 held in the name of a specially designated terrorist or in which a specially designated terrorist has an interest, and with respect to which payments, transfers, exportations, withdrawals, or other dealings may not be made or effected except pursuant to an authorization or license from the Office of Foreign Assets Control authorizing such action.

Source

31 CFR § 595.301


Scoping language

None
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