Statutes, codes, and regulations
Code of Federal Regulations
Title 31 - MONEY AND FINANCE: TREASURYSubtitle B - REGULATIONS RELATING TO MONEY AND FINANCEChapter II - FISCAL SERVICE, DEPARTMENT OF THE TREASURYSubchapter A - BUREAU OF THE FISCAL SERVICEPart 321 - PAYMENTS BY BANKS AND OTHER FINANCIAL INSTITUTIONS OF DEFINITIVE UNITED STATES SAVINGS BONDS AND UNITED STATES SAVINGS NOTES (FREEDOM SHARES)
Subpart D - PAYMENT AND TRANSMITTAL OF SECURITIES
Section 321.14 - Transmittal to and settlement with a Federal Reserve Processing Site

31 C.F.R. § 321.14

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Section 321.14 - Transmittal to and settlement with a Federal Reserve Processing Site

Except for eligible securities redeemed on exchange pursuant to § 321.8 , a paying agent shall transmit for payment all redeemed securities to a Federal Reserve Processing Site in accordance with the Federal Reserve Operating Circular.

31 C.F.R. §321.14

77 FR 16167 , Mar. 20, 2012