§ 363.160. What subparts govern the conversion of definitive savings bonds?
231 words·~1 min read·
/us/cfr/t31/s§ 363.160·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)This subpart governs:
(1)The process of converting definitive savings bonds of all eligible series and types of registration to book-entry bonds in TreasuryDirect ®;
(2)Converted savings bonds of all series registered in the coowner form of registration, unless the non-converting coowner consents to a change in the registration of the bonds after conversion;
(3)Converted savings bonds of Series E registered in the owner with beneficiary form of registration, unless the beneficiary consents to a change in the registration of the bonds after conversion; and
(4)Converted savings bonds of all series that are held as gift bonds by the person who converted the bonds.
(b)Subpart C governs:
(1)Converted savings bonds of any series registered in the single owner or entity form of registration;
(2)Converted Series EE and Series I savings bonds registered in the owner with beneficiary form of registration;
(3)Converted Series E savings bonds registered in the owner with beneficiary form of registration, where the beneficiary has consented to a change in the registration of the bonds after conversion; and
(4)Converted savings bonds of all series registered in the coowner form of registration, where the non-converting coowner has consented to a change in the registration of the bonds after conversion. \[70 FR 14943, Mar. 23, 2005, as amended at 70 FR 57347, Sept. 30, 2005; 74 FR 19420, Apr. 29, 2009\]