Home/CFR/Title 31/Part 551/§ 551.410
31 CFR · Money and Finance: Treasury

§ 551.410 — Setoffs prohibited.

31 CFR § 551.410
TitleTitle 31: Money and Finance: TreasuryPartPart 551: Somalia Sanctions Regulations
SourceeCFR (current through Mar 30, 2026)

This text of 31 C.F.R. § 551.410 (Setoffs prohibited.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
31 C.F.R. § 551.410 (2026).

Text

§ 551.410 Setoffs prohibited. A setoff against blocked property (including a blocked account), whether by a U.S. bank or other U.S. person, is a prohibited transfer under § 551.201 if effected after the effective date.

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Related

§ 551.201
31 C.F.R. § 551.201

Nearby Sections

11
§ 551.405
Provision of services.
§ 551.406
Offshore transactions involving blocked property.
§ 551.407
Payments from blocked accounts to satisfy obligations prohibited.
§ 551.408
Charitable contributions.
§ 551.409
Credit extended and cards issued by financial institutions to a person whose property and interests in property are blocked.
§ 551.410
Setoffs prohibited.
§ 551.411
Entities owned by one or more persons whose property and interests in property are blocked.
§ 551.501
General and specific licensing procedures.
§ 551.502
Effect of license or other authorization.
§ 551.503
Exclusion from licenses.
§ 551.504
Payments and transfers to blocked accounts in U.S. financial institutions.

Cite This Page — Counsel Stack

Bluebook (online)
31 C.F.R. § 551.410, Counsel Stack Legal Research, https://law.counselstack.com/cfr/31/551/551.410.
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