§ 576.408 Payments from blocked accounts to satisfy obligations prohibited.
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Title 31 CFR: Money and Finance: Treasury › Chapter V: OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY › Part 576: IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS › Subpart D: Interpretations › § 576.408: § 576.408 Payments from blocked accounts to satisfy obligations prohibited.
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Pursuant to § 576.201, no debits may be made to a blocked account to pay obligations to U.S. persons or other persons, except as authorized by or pursuant to this part.
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