31 CFR § 546.503 - Exclusion from licenses.

---
identifier: "/us/cfr/t31/s546.503"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 546.503 - Exclusion from licenses."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "546.503"
section_name: "Exclusion from licenses."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "546"
part_name: "SUDAN STABILIZATION 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. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997 Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220; E.O. 14098, 88 FR 29529."
regulatory_source: "74 FR 25432, May 28, 2009, unless otherwise noted."
cfr_part: "546"
---


# 546.503 Exclusion from licenses.

OFAC reserves the right to exclude any person, property, or transaction from the operation of any license or from the privileges conferred by any license. OFAC also reserves the right to restrict the applicability of any license to particular persons, property, transactions, or classes thereof. Such actions are binding upon actual or constructive notice of the exclusions or restrictions.

[74 FR 25432, May 28, 2009, as amended at 89 FR 15752, Mar. 5, 2024]