§ 24.151. Deposit of collateral security.

120 words·~1 min read·/us/cfr/t27/s§ 24.151·

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Bonds or notes of the United States, or other obligations which are unconditionally guaranteed as to both interest and principal by the United States, may be pledged and deposited as collateral security in lieu of corporate sureties in accordance with the provisions of the Treasury Department regulations in 31 CFR part 225, Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds with Sureties. Cash, postal money orders, certified checks, cashiers' checks, or treasurers' checks may also be furnished as collateral security in lieu of corporate sureties.

(July 30, 1947, Ch. 390, 61 Stat. 650 (6 U.S.C. 15); August 16, 1954, Ch. 736, 68A Stat. 847, as amended (26 U.S.C. 7101)) \[T.D. TTB-146, 82 FR 1124, Jan. 4, 2017\]

Connections1 cite this · traces to 1

Cited by 1 section

Rules and Regulations
Temporary rule; Treasury decision; cross reference to notice of proposed rulemaking

Traces to 1 document

U.S. Code

Form of bonds
§ 7101

3 references not yet in our index

31 CFR 225
61 Stat. 650
6 USC 15

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§ 24.151

Deposit of collateral security.

Fed. Reg.×1

U.S.C.§ 7101

Cite31 CFR 225

Stat.61 Stat. 650

Cite6 USC 15

Cites 4Cited by 1 across 1 source