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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) This subpart governs:
(1) The process of converting definitive savings bonds of all eligible series and types of registration to book-entry bonds in TreasuryDirect®;
(2) Converted savings bonds of all series registered in the coowner form of registration, unless the non-converting coowner consents to a change in the registration of the bonds after conversion;
(3) Converted savings bonds of Series E registered in the owner with beneficiary form of registration, unless the beneficiary consents to a change in the registration of the bonds after conversion; and
(4) Converted savings bonds of all series that are held as gift bonds by the person who converted the bonds.
(b) Subpart C governs:
(1) Converted savings bonds of any series registered in the single owner or entity form of registration;
(2) Converted Series EE and Series I savings bonds registered in the owner with beneficiary form of registration;
(3) Converted Series E savings bonds registered in the owner with beneficiary form of registration, where the beneficiary has consented to a change in the registration of the bonds after conversion; and
(4) Converted savings bonds of all series registered in the coowner form of registration, where the non-converting coowner has consented to a change in the registration of the bonds after conversion.
Cite this article: FindLaw.com - Code of Federal Regulations Title 31. Money and Finance–Treasury § 31.363.160 What subparts govern the conversion of definitive savings bonds? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-31-money-and-finance-treasury/cfr-sect-31-363-160/
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