31 CFR § 578.403 - Termination and acquisition of an interest in blocked property.
---identifier: "/us/cfr/t31/s578.403"source: "ecfr"legal_status: "authoritative_unofficial"title: "31 CFR § 578.403 - Termination and acquisition of an interest in blocked property."title_number: 31title_name: "Money and Finance: Treasury"section_number: "578.403"section_name: "Termination and acquisition of an interest in blocked property."chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"part_number: "578"part_name: "CYBER-RELATED SANCTIONS REGULATIONS"positive_law: falsecurrency: "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); Pub. L. 115-44, 131 Stat. 886 (codified in scattered sections of 22 U.S.C.); E.O. 13694, 80 FR 18077, 3 CFR 2015 Comp., p. 297; E.O. 13757, 82 FR 1, 3 CFR 2016 Comp., p. 659."regulatory_source: "87 FR 54376, Sept. 6, 2022, unless otherwise noted."cfr_part: "578"---
Identifier
/us/cfr/t31/s578.403
Currency
2026-04-05
Positive Law
No
Updated
2026-04-05
Chapter
Office of Foreign Assets Control, Department of the Treasury
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); Pub. L. 115-44, 131 Stat. 886 (codified in scattered sections of 22 U.S.C.); E.O... 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); Pub. L. 115-44, 131 Stat. 886 (codified in scattered sections of 22 U.S.C.); E.O. 13694, 80 FR 18077, 3 CFR 2015 Comp., p. 297; E.O. 13757, 82 FR 1, 3 CFR 2016 Comp., p. 659.
# 578.403 Termination and acquisition of an interest in blocked property.(a) Whenever a transaction licensed or authorized by or pursuant to this part results in the transfer of property (including any property interest) away from a person whose property and interests in property are blocked pursuant to § 578.201, such property shall no longer be deemed to be property blocked pursuant to § 578.201, unless there exists in the property another interest that is blocked pursuant to § 578.201, the transfer of which has not been effected pursuant to license or other authorization.(b) Unless otherwise specifically provided in a license or authorization issued pursuant to this part, if property (including any property interest) is transferred or attempted to be transferred to a person whose property and interests in property are blocked pursuant to § 578.201, such property shall be deemed to be property in which such person has an interest and therefore blocked.