1. Regulations
  2. title 31
  3. chapter II
  4. part 360
  5. subpart G
  6. § 360.38

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