CFR›Title 31›Subtitle B›Chapter V›Part 551›Subpart C›31 CFR 551.312 Citation31 CFR 551.312CorpusDaily eCFRDisplayed edition2026-04-15Last updated2026-04-15 § 551.312 Person.The term person means an individual or entity. Previous 551.311 § 551.311 OFAC. Next 551.313 § 551.313 Property; property interest.