31 CFR § 578.409 - Credit extended and cards issued by financial institutions to a person whose property and interests in property are blocked.
---identifier: "/us/cfr/t31/s578.409"source: "ecfr"legal_status: "authoritative_unofficial"title: "31 CFR § 578.409 - Credit extended and cards issued by financial institutions to a person whose property and interests in property are blocked."title_number: 31title_name: "Money and Finance: Treasury"section_number: "578.409"section_name: "Credit extended and cards issued by financial institutions to a person whose property and interests in property are blocked."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/s578.409
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.
# 578.409 Credit extended and cards issued by financial institutions to a person whose property and interests in property are blocked.The prohibition in § 578.201 on dealing in property subject to that section prohibits U.S. financial institutions from performing under any existing credit agreements, including charge cards, debit cards, or other credit facilities issued by a financial institution to a person whose property and interests in property are blocked pursuant to § 578.201.