31 CFR 353.38 - Payment during lifetime of owner of beneficiary bond.

Regulations last checked for updates: May 19, 2024

Title 31 - Money and Finance: Treasury last revised: May 10, 2024

View all text of Subpart H [§ 353.35 - § 353.44]

§ 353.38 - Payment during lifetime of owner of beneficiary bond.

A savings bond registered in beneficiary form will be paid to the registered owner during his or her lifetime upon surrender with an appropriate request. Upon payment (as determined in § 353.43) the beneficiary will cease to have any interest in the bond.

authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105,3125

source: 44 FR 76441, Dec. 26, 1979, unless otherwise noted.

cite as: 31 CFR 353.38