# 31 CFR § 594.206: Expenses of maintaining blocked property; liquidation of blocked property

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-594.206

## Section

- **Citation:** 31 CFR § 594.206
- **Heading:** Expenses of maintaining blocked property; liquidation of blocked property
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 31—Money and Finance: Treasury > Subtitle B—Regulations Relating to Money and Finance > CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY > PART 594—GLOBAL TERRORISM SANCTIONS REGULATIONS > Subpart B—Prohibitions

## Text

(a) Except as otherwise authorized, and notwithstanding the existence of any rights or obligations conferred or imposed by any international agreement or contract entered into or any license or permit granted before the effective date, all expenses incident to the maintenance of physical property blocked pursuant to § 594.201(a) shall be the responsibility of the owners or operators of such property, which expenses shall not be met from blocked funds.
(b) Property blocked pursuant to § 594.201(a) may, in the discretion of the Director, Office of Foreign Assets Control, be sold or liquidated and the net proceeds placed in a blocked interest-bearing account in the name of the owner of the property.

## Nearby sections

- [31 CFR § 594.101 § 594.101 Relation of this part to other laws and regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.101.md)
- [31 CFR § 594.201 § 594.201 Prohibited transactions involving blocked property.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.201.md)
- [31 CFR § 594.202 § 594.202 Effect of transfers violating the provisions of this part.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.202.md)
- [31 CFR § 594.203 § 594.203 Holding of funds in interest-bearing accounts; investment and reinvestment.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.203.md)
- [31 CFR § 594.204 § 594.204 Prohibited transaction or dealing in property; contributions of funds, goods, or services.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.204.md)
- [31 CFR § 594.205 § 594.205 Evasions; attempts; conspiracies.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.205.md)
- [31 CFR § 594.206 § 594.206 Expenses of maintaining blocked property; liquidation of blocked property.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.206.md)
- [31 CFR § 594.207 § 594.207 Exempt transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.207.md)
- [31 CFR § 594.301 § 594.301 Blocked account; blocked property.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.301.md)
- [31 CFR § 594.302 § 594.302 Effective date.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.302.md)
- [31 CFR § 594.303 § 594.303 Entity.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.303.md)
- [31 CFR § 594.304 § 594.304 Foreign person.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.304.md)
- [31 CFR § 594.305 § 594.305 Information or informational materials.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.305.md)
- [31 CFR § 594.306 § 594.306 Interest.](https://www.frixlaw.com/law-library/statutes/ecfr-31-594.306.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-594.206. Check the current official text before relying on it. Not legal advice.