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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 31 - Money and Finance: Treasury |
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Subtitle B - Regulations Relating to Money and Finance |
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Chapter II - Fiscal Service, Department of the Treasury |
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SubChapter A - Bureau of the Fiscal Service |
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Part 321 - Payments by Banks and Other Financial Institutions of Definitive United States Savings Bonds and United States Savings Notes (Freedom Shares) |
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Subpart D - Payment and Transmittal of Securities |
§ 321.14 - Transmittal to and settlement with a Federal Reserve Processing Site.
Latest version.
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§ 321.14 Transmittal to and settlement with a Federal Reserve Processing Site.
Except for eligible securities redeemed on exchange pursuant to § 321.8, a paying agent shall transmit for payment all redeemed securities to a Federal Reserve Processing Site in accordance with the Federal Reserve Operating Circular.
[77 FR 16167, Mar. 20, 2012]