31 CFR 515.319 : Money And Finance: Treasury (§ 0.101 To Parts 1061-1099) — (Part 500 To Parts 1061-1099) — Regulations Relating To Money And Finance (Continued) (Part 500 To Parts 1061-1099) — Office Of Foreign Assets Control, Department Of The Treasury (Part 500 To Appendix A To Chapter V) — Cuban Assets Control Regulations (§ 515.101 To § 515.901) — General Definitions (§ 515.301 To § 515.339) — Blocked account.

4 Aug 2016

The term blocked account shall mean an account in which any designated national has an interest, with respect to which account payments, transfers or withdrawals or other dealings may not be made or effected except pursuant to an authorization or license authorizing such action. The term blocked account shall not be deemed to include accounts of unblocked nationals.

31 CFR 515.319
[28 FR 6974, July 9, 1963; 28 FR 7427, July 20, 1963]