31 CFR 363.99 - What is the minimum amount of a bond that I may transfer or deliver as a gift in any one transaction?

Regulations last checked for updates: May 19, 2024

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

View all text of Subpart C [§ 363.50 - § 363.129]

§ 363.99 - What is the minimum amount of a bond that I may transfer or deliver as a gift in any one transaction?

You may transfer or deliver gift bonds in any one-cent increment value equal to or greater than $25.00 redemption value. For example, you may deliver a gift bond with a redemption value of $25.00, $25.01, $25.02, and so forth. If the bond was held in your account prior to delivery to the recipient for a period of time and has accrued interest, the delivery will include principal and proportionate interest.

authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3102,

source: 67 FR 64286, Oct. 17, 2002, unless otherwise noted.

cite as: 31 CFR 363.99