GroundRules
31 CFR 528.404: Transactions ordinarily incident to a licensed transaction.
Where this section sits in the code
- 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 528—INTERNATIONAL CRIMINAL COURT-RELATED SANCTIONS REGULATIONS
- Subpart D—Interpretations
Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except:
(a) An ordinarily incident transaction, not explicitly authorized within the terms of the license, by or with a person whose property and interests in property are blocked pursuant to § 528.201; or
(b) An ordinarily incident transaction, not explicitly authorized within the terms of the license, involving a debit to a blocked account or a transfer of blocked property.
Collected 2026-08-27T02:25:25Z. Source file · JSON