CFR›Title 31›Subtitle B›Chapter V›Part 550›Subpart C›31 CFR 550.311 Citation31 CFR 550.311CorpusDaily eCFRDisplayed edition2026-04-28Last updated2026-04-28 § 550.311 Person.The term person means an individual or entity. Previous 550.310 § 550.310 OFAC. Next 550.312 § 550.312 Property; property interest.