{"data":{"id":"us/31-cfr-551.403","jurisdiction":"us","citation":"31 CFR 551.403","heading":"Termination and acquisition of an interest in blocked property.","body":"(a) Whenever a transaction licensed or authorized by or pursuant to this part results in the transfer of property (including any property interest) away from a person whose property and interests in property are blocked pursuant to § 551.201, such property shall no longer be deemed to be property blocked pursuant to § 551.201, unless there exists in the property another interest that is blocked pursuant to § 551.201, the transfer of which has not been effected pursuant to license or other authorization.\n(b) Unless otherwise specifically provided in a license or authorization issued pursuant to this part, if property (including any property interest) is transferred or attempted to be transferred to a person whose property and interests in property are blocked pursuant to § 551.201, such property shall be deemed to be property in which such person has an interest and therefore blocked.","path":["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 551—SOMALIA SANCTIONS REGULATIONS","Subpart D—Interpretations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"a209d94541d4a92ac76695e1445e796a1bbdf42117a8cbc89cab9ed3c915c0e9","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-551.402","next":"us/31-cfr-551.404"},"notice":"GroundRules: Original legal text. Not legal advice."}