515.549—Bank accounts and other property of non-Cuban citizens who were in Cuba on or after July 8, 1963.

(a) Citizens of foreign countries. Specific licenses are issued unblocking the accounts and other property of non-Cuban citizens who have left Cuba, provided that they submit evidence satisfactorily demonstrating that they have established residence in a foreign country in the authorized trade territory.

(b) Decedents who died in Cuba on or after July 8, 1963. Specific licenses are issued authorizing the administration of the estates of non-Cuban decedents who died in Cuba, provided that any distribution to a blocked national of Cuba is made by deposit in a blocked account in a domestic bank in the name of the blocked national.

Code of Federal Regulations

[39 FR 25318, July 10, 1974]

CFR

515.549—Bank accounts and other property of non-Cuban citizens who were in Cuba on or after July 8, 1963.

Code of Federal Regulations