# 31 C.F.R. § 535.210 (2026): Direction for establishing an escrow agreement > Federal · Regulations · In force URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_210 ## Section - **Citation:** 31 C.F.R. § 535.210 (2026) - **Heading:** Direction for establishing an escrow agreement - **Jurisdiction:** Federal - **Kind:** Regulations - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Title 31 CFR: Money and Finance: Treasury / Chapter V: OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY / Part 535: IRANIAN ASSETS CONTROL REGULATIONS / Subpart B: Prohibitions / § 535.210: § 535.210 Direction for establishing an escrow agreement. ## Text (a) The Federal Reserve Bank of New York, as fiscal agent of the United States, is licensed, authorized, directed and compelled to enter into escrow and related agreements under which certain money and other assets shall be credited to escrow accounts by the Bank of England or the N.V. Settlement Bank of the Netherlands. (b) The Federal Reserve Bank of New York is licensed, authorized, directed and compelled, as fiscal agent of the United States, to receive certain money and other assets in which Iran or its agencies, instrumentalities or controlled entities have an interest and to hold or transfer such money and other assets, and any earnings or interest payable thereon, in such manner and at such times as the Secretary of the Treasury deems necessary to fulfill the rights and obligations of the United States under the Declaration of the government of the Democratic and Popular Republic of Algeria dated January 19, 1981, and the Undertakings of the Government of the United States of America and the Government of Islamic Republic of Iran with respect to the Declaration of the Government of the Democratic and Popular Republic of Algeria, and the escrow and related agreements described in paragraph (a) of this section. Such money and other assets may be invested, or not, at the discretion of the Federal Reserve Bank of New York, as fiscal agent of the United States. (Secs. 201-207, 91 Stat. 1626, 50 U.S.C. 1701-1706; E.O. 12170, 44 FR 65729; E.O. 12205, 45 FR 24099; E.O. 12211, 45 FR 26685; E.O. 12276, 46 FR 7913; E.O. 12279, 46 FR 7919; E.O. 12280, 46 FR 7921; E.O. 12281, 46 FR 7923; E.O. 12282, 46 FR 7925; E.O. 12283, 46 FR 7927, and E.O. 12294, 46 FR 14111) [46 FR 14333, Feb. 26, 1981, as amended at 46 FR 42063, Aug. 19, 1981] ## Nearby sections - [31 C.F.R. § 535.201 (2026) § 535.201 Transactions involving property in which Iran or Iranian entities have an interest.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_201.md) - [31 C.F.R. § 535.202 (2026) § 535.202 Transactions with respect to securities registered or inscribed in the name of Iran.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_202.md) - [31 C.F.R. § 535.203 (2026) § 535.203 Effect of transfers violating the provisions of this part.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_203.md) - [31 C.F.R. § 535.208 (2026) § 535.208 Evasions; effective date.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_208.md) - [31 C.F.R. § 535.210 (2026) § 535.210 Direction for establishing an escrow agreement.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_210.md) - [31 C.F.R. § 535.211 (2026) § 535.211 Direction involving transfers by the Federal Reserve Bank concerning certain Iranian property.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_211.md) - [31 C.F.R. § 535.212 (2026) § 535.212 Direction to transfer property in which Iran or an Iranian entity has an interest by branches and offices of United States banks located outside the United States.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_212.md) - [31 C.F.R. § 535.213 (2026) § 535.213 Direction involving property held by offices of banks in the United States in which Iran or an Iranian entity has an interest.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_213.md) - [31 C.F.R. § 535.214 (2026) § 535.214 Direction involving other financial assets in which Iran or an Iranian entity has an interest held by any person subject to the jurisdiction of the United States.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_214.md) - [31 C.F.R. § 535.215 (2026) § 535.215 Direction involving other properties in which Iran or an Iranian entity has an interest held by any person subject to the jurisdiction of the United States.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_215.md) - [31 C.F.R. § 535.216 (2026) § 535.216 Prohibition against prosecution of certain claims.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_216.md) - [31 C.F.R. § 535.217 (2026) § 535.217 Blocking of property of the former Shah of Iran and of certain other Iranian nationals.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_217.md) - [31 C.F.R. § 535.218 (2026) § 535.218 Prohibitions and nullifications with respect to property described in §§ 535.211, 535.212, 535.213, 535.214 and 535.215 and standby letters of credit.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_218.md) - [31 C.F.R. § 535.219 (2026) § 535.219 Discharge of obligation by compliance with this part.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_219.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P535_S535_210. 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