CFR›Title 31›Subtitle B›Chapter V›Part 516›Subpart C›31 CFR 516.312 Citation31 CFR 516.312CorpusDaily eCFRDisplayed edition2026-10-15Last updated2026-10-15 § 516.312 Person.The term person means an individual or entity. Previous 516.311 § 516.311 OFAC. Next 516.313 § 516.313 Property; property interest.