CFR > Title 31 - Money and Finance: Treasury > SUBTITLE B—Regulations Relating to Money and Finance > CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY (parts 501 to 598) > PART 515—CUBAN ASSETS CONTROL REGULATIONS > SUBPART C—General Definitions (§515.301 to §515.339) > 515.319—Blocked account.

515.319—Blocked account.

The term blocked account shall mean an account in which any designated national has an interest, with respect to which account payments, transfers or withdrawals or other dealings may not be made or effected except pursuant to an authorization or license authorizing such action. The term blocked account shall not be deemed to include accounts of unblocked nationals.

Code of Federal Regulations

[28 FR 6974, July 9, 1963; 28 FR 7427, July 20, 1963]