1. Regulations
  2. title 31
  3. chapter II
  4. part 363
  5. subpart D
  6. subjgrp 27
  7. § 363.140

View all text of Subjgrp 27 [§ 363.130 - § 363.140]

§ 363.140 - May a zero-percent certificate of indebtedness be pledged or used as collateral?

A zero-percent certificate of indebtedness may not be pledged or used as collateral for the performance of an obligation.

[69 FR 50309, Aug. 16, 2004. Redesignated at 70 FR 57437, Sept. 30, 2005, and further redesignated at 75 FR 70816, Nov. 19, 2010]

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 363.140