31 C.F.R. § 515.202
Transactions with respect to securities registered or inscribed in the name of a designated national
Unless authorized by a license expressly referring to this section, the acquisition, transfer (including the transfer on the books of any issuer or agent thereof), disposition, transportation, importation, exportation, or withdrawal of, or the endorsement or guaranty of signatures on or otherwise dealing in any security (or evidence thereof) registered or inscribed in the name of any designated national is prohibited irrespective of the fact that at any time (either prior to, on, or subsequent to the “effective date”) the registered or inscribed owner thereof may have, or appears to have, assigned, transferred or otherwise disposed of any such security.
Notes of Decisions
Cited in 1
case, 1970–1970 · leading case: Banco Nacional De Cuba v. The First Nat'l City Bank of New York, 431 F.2d 394 (1st Cir. 1970).
Banco Nacional De Cuba v. The First Nat'l City Bank of New York, 431 F.2d 394 (1st Cir. 1970). “Had they waited, it seems clear, under 31 C.F.R. § 515.202 (1970), that any sale of the collateral put up by Banco Nacional as security on the loan in suit would have been impossible without a license from the Office of Foreign Assets Control of the Treasury Department.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.