All licenses and authorizations for acquiring or exercising any right, power, or privilege, by court order, attachment, or otherwise, with respect to the properties described in Sections 1-101 and 1-102 of this Order are revoked and withdrawn.
Executive Order 12278—United States-Iran Agreement on Release of the American Hostages
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Any branch or office of a United States bank or subsidiary thereof, which branch or office is located outside the territory of the United States is licensed, authorized, directed, and compelled to transfer such funds, securities, and deposits.
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