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§ 551.410 Setoffs prohibited.

31 CFR 551.410

Citation31 CFR 551.410
CorpusDaily eCFR
Displayed edition2026-04-28
Last updated2026-04-28

§ 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.