31 C.F.R. § 363.160

Current through October 31, 2024
Section 363.160 - What subparts govern the conversion of definitive savings bonds?
(a) This subpart governs:
(1) The process of converting definitive savings bonds of all eligible series and types of registration to book-entry bonds in TreasuryDirect ®;
(2) Converted savings bonds of all series registered in the coowner form of registration, unless the non-converting coowner consents to a change in the registration of the bonds after conversion;
(3) Converted savings bonds of Series E registered in the owner with beneficiary form of registration, unless the beneficiary consents to a change in the registration of the bonds after conversion; and
(4) Converted savings bonds of all series that are held as gift bonds by the person who converted the bonds.
(b) Subpart C governs:
(1) Converted savings bonds of any series registered in the single owner or entity form of registration;
(2) Converted Series EE and Series I savings bonds registered in the owner with beneficiary form of registration;
(3) Converted Series E savings bonds registered in the owner with beneficiary form of registration, where the beneficiary has consented to a change in the registration of the bonds after conversion; and
(4) Converted savings bonds of all series registered in the coowner form of registration, where the non-converting coowner has consented to a change in the registration of the bonds after conversion.

31 C.F.R. §363.160

70 FR 14943 , Mar. 23, 2005, as amended at 70 FR 57347 , Sept. 30, 2005; 74 FR 19420 , Apr. 29, 2009