Regulations last checked for updates: Feb 16, 2025

Title 31 - Money and Finance: Treasury last revised: Jan 17, 2025
§ 544.410 - Setoffs prohibited.

A setoff against blocked property (including a blocked account), whether by a U.S. bank or other U.S. person, is a prohibited transfer under § 544.201 if effected after the effective date.

source: 74 FR 16773, Apr. 13, 2009, unless otherwise noted.
cite as: 31 CFR 544.410