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Code of Federal Regulations Title 31. Money and Finance–Treasury § 31.363.29 May Treasury close an account, suspend transactions in an account, or refuse to open an account?

Current as of January 02, 2025 | Updated by Findlaw Staff

We reserve the right to take any of the following actions if, in our sole discretion, we deem the action to be in the best interests of the United States:

(a) Refuse to open an account for any person;

(b) Close any existing account, redeem, sell, or liquidate the securities held in the account, and pay the proceeds to the person entitled;

(c) Suspend transactions with respect to an account or any security held in an account;  or

(d) Take any other action with regard to any account that we deem necessary, if not inconsistent with existing law and existing rights.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 31. Money and Finance–Treasury § 31.363.29 May Treasury close an account, suspend transactions in an account, or refuse to open an account? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-31-money-and-finance-treasury/cfr-sect-31-363-29/

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