§ 332.5. Limitation on holdings.
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/us/cfr/t31/s§ 332.5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The amount of Series H bonds, originally issued during any one calendar year, that could be held by any one person, at any one time, computed in accordance with the governing regulations, was limited as follows:
(a)General limitation. From \$5,000 to \$30,000 depending upon the issue date.
(b)Special limitation for gifts to exempt organizations under 26 CFR 1.501(c)(3)-1. \$200,000 for bonds received as gifts by an organization which at the time of purchase was an exempt organization under the terms of 26 CFR 1.501(c)(3)-1.
(c)Exchange pursuant to 31 CFR part 339. Series H bonds issued in an exchange pursuant to the provisions of 31 CFR part 339, also published as Department of the Treasury Circular No. 1036, were exempt from the annual limitation.
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- 26 CFR 1.501(c)(3)
- 31 CFR 339
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§ 332.5
Limitation on holdings.
Cite26 CFR 1.501(c)(3)
Cite31 CFR 339
Cites 2Cited by 0 across 0 sources