§ 363.26. What is a transfer?
134 words·~1 min read·
/us/cfr/t31/s§ 363.26·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A transfer is a transaction to:
(1)Move a Treasury security, or a portion of a Treasury security, from one account to another within TreasuryDirect ®;
(2)Move a marketable Treasury security to or from a TreasuryDirect account and an account in the commercial book-entry system;
(3)Move a marketable Treasury security to a TreasuryDirect account from a Legacy Treasury Direct® account.
(b)Transfers of a specific type of security may be limited by the subparts that refer to that security.
(c)Gift delivery is not a transfer. A transfer does not include delivery of a gift savings bond from the donor to the recipient. This is referred to as a delivery. \[67 FR 64286, Oct. 17, 2002, as amended at 70 FR 57443, Sept. 30, 2005; 76 FR 18064, Apr. 1, 2011\]