Statutes, codes, and regulations
Code of Federal Regulations
Title 31 - MONEY AND FINANCE: TREASURYSubtitle B - REGULATIONS RELATING TO MONEY AND FINANCEChapter V - OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURYPart 597 - FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS
Subpart D - INTERPRETATIONS
Section 597.405 - Transactions incidental to a licensed transaction

31 C.F.R. § 597.405

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Current through September 30, 2024
Section 597.405 - Transactions incidental to a licensed transaction

Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except a transaction by an unlicensed, foreign terrorist organization or its agent or involving a debit to a blocked account or a transfer of blocked funds not explicitly authorized within the terms of the license.

31 C.F.R. § 597.405