31 CFR § 594.412 - Entities owned by one or more persons whose property and interests in property are blocked.

---
identifier: "/us/cfr/t31/s594.412"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 594.412 - Entities owned by one or more persons whose property and interests in property are blocked."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "594.412"
section_name: "Entities owned by one or more persons whose property and interests in property are blocked."
chapter_name: "OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY"
part_number: "594"
part_name: "GLOBAL TERRORISM 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; 22 U.S.C. 287c; 22 U.S.C. 9404-9411; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); Pub. L. 114-102, 129 Stat. 2205, as amended (50 U.S.C. 1701 note); Pub. L. 115-348, 132 Stat. 5055 (50 U.S.C. 1701 note); E.O. 13224, 66 FR 49079, 3 CFR, 2001 Comp., p. 786; E.O. 13268, 67 FR 44751, 3 CFR 2002 Comp., p. 240; E.O. 13284, 68 FR 4075, 3 CFR, 2003 Comp., p. 161; E.O. 13372, 70 FR 8499, 3 CFR, 2006 Comp., p. 159; E.O. 13886, 84 FR 48041, 3 CFR, 2019 Comp., p. 356."
regulatory_source: "68 FR 34197, June 6, 2003, unless otherwise noted."
cfr_part: "594"
---


# 594.412 Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to § 594.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to § 594.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

[87 FR 78481, Dec. 21, 2022]