31 CFR 360.38 - 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 G [§ 360.35 - § 360.44]

§ 360.38 - 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 § 360.43) the beneficiary will cease to have any interest in the bond.

authority: 5 U.S.C. 301; 31 U.S.C. 3105 and 3125

source: 63 FR 38049, July 14, 1998, unless otherwise noted.

cite as: 31 CFR 360.38