31 CFR § 536.502 - Exclusion from licenses and authorizations.

---
identifier: "/us/cfr/t31/s536.502"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 536.502 - Exclusion from licenses and authorizations."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "536.502"
section_name: "Exclusion from licenses and authorizations."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "536"
part_name: "NARCOTICS TRAFFICKING SANCTIONS REGULATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601  1701  Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12978, 60 FR 54579, 3 CFR, 1995 Comp., p. 415; E.O. 13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166."
regulatory_source: "62 FR 9960, Mar. 5, 1997, unless otherwise noted."
cfr_part: "536"
---


# 536.502 Exclusion from licenses and authorizations.

The Director of the Office of Foreign Assets Control reserves the right to exclude any person, property, or transaction from the operation of any license, or from the privileges therein conferred, or to restrict the applicability thereof with respect to particular persons, property, transactions, or classes thereof. Such action shall be binding upon all persons receiving actual or constructive notice of such exclusion or restriction.