§ 360.37. Payment during lives of both coowners.
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/us/cfr/t31/s§ 360.37·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A savings bond registered in coownership form will be paid to either coowner upon surrender with an appropriate request, and upon payment (as determined in § 360.43), the other coowner will cease to have any interest in the bond. If both coowners request payment, the payment will be made in the form, "John A. Jones AND Mary C. Jones".