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 535—IRANIAN ASSETS CONTROL REGULATIONS > SUBPART D—Interpretations (§535.401 to §535.441) > 535.420—Transfers of accounts under § 535.508 from demand to interest-bearing status.

535.420—Transfers of accounts under § 535.508 from demand to interest-bearing status.

Section 535.508 authorizes transfer of a blocked demand deposit account to interest-bearing status at the instruction of the Iranian depositor at any time.

Code of Federal Regulations

[44 FR 76784, Dec. 28, 1979]