Regulations last checked for updates: Apr 12, 2025

Title 31 - Money and Finance: Treasury last revised: Mar 26, 2025
§ 553.410 - Setoffs prohibited.

A setoff against blocked property (including a blocked account), whether by a U.S. financial institution or other U.S. person, is a prohibited transfer under § 553.201 if effected after the effective date.

source: 87 FR 58974, Sept. 29, 2022, unless otherwise noted.
cite as: 31 CFR 553.410