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Code · CFR · Title 31 — Money and Finance: Treasury · Part 360 · § 360.7

§ 360.7. Chain letters prohibited.

23 words·~1 min read·/us/cfr/t31/s§ 360.7·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The issuance of bonds in the furtherance of a chain letter, pyramid, or similar scheme is against the public interest and is prohibited.
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