31 C.F.R. § 360.38

Current through November 30, 2024
Section 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.

31 C.F.R. §360.38