GroundRules
31 CFR 560.428: Credit extended and cards issued by U.S. financial institutions.
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 560—IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS
- Subpart D—Interpretations
The prohibition in § 560.211 on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including, but not limited to, charge cards, debit cards, or other credit facilities issued by a U.S. financial institution to the Government of Iran, an Iranian financial institution, or any other person whose property and interests in property are blocked pursuant to § 560.211.
Collected 2026-08-27T02:25:25Z. Source file · JSON