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§ 548.410 Setoffs prohibited.

31 CFR 548.410

Citation31 CFR 548.410
CorpusDaily eCFR
Displayed edition2026-10-06
Last updated2026-10-06

§ 548.410 Setoffs prohibited.

A setoff against blocked property (including a blocked account), whether by a U.S. financial institution or other U.S. person, is a prohibited transfer under § 548.201 if effected after the effective date.