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Code · CFR · Title 39 — Postal Service · Part 761 · § 761.7

§ 761.7. Registered bonds and notes.

136 words·~1 min read·/us/cfr/t39/s§ 761.7·

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No formal assignment shall be required for the conversion to book-entry Postal Service securities of registered Postal Service securities held by a Reserve Bank (in either its individual capacity or as fiscal agent of the United States) on the effective date of this part for any purpose specified in § 761.3(a). Registered Postal Service securities deposited thereafter with a Reserve Bank for any purpose specified in § 761.3 shall be assigned for conversion to book-entry Postal Service securities.
The assignment, which shall be executed in accordance with the provisions of part 760 of this subchapter and subpart F of 31 CFR part 306, so far as applicable, shall be to "Federal Reserve Bank of ------------------ as fiscal agent of the United States acting on behalf of the Postal Service for conversion to book-entry Postal Service securities."
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  • 31 CFR 306
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§ 761.7
Registered bonds and notes.
Cite31 CFR 306
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