 |
Code of Federal Regulations (Last Updated: October 10, 2024) |
 |
Title 31 - Money and Finance: Treasury |
|
Subtitle B - Regulations Relating to Money and Finance |
|
Chapter II - Fiscal Service, Department of the Treasury |
|
SubChapter A - Bureau of the Fiscal Service |
|
Part 354 - Regulations Governing Book-Entry Securities of the Student Loan Marketing Association (Sallie Mae) |
§ 354.0 - Applicability; maintenance of Sallie Mae Securities.
Latest version.
-
§ 354.0 Applicability; maintenance of Sallie Mae Securities.
(a) A Sallie Mae Security may be maintained in the form of a Definitive Sallie Mae Security or a Book-entry Sallie Mae Security. A Book-entry Sallie Mae Security shall be maintained in the Book-entry System.
(b) The Sallie Mae Securities to which the regulations in this part apply are obligations which, by the terms of their issue, are available exclusively as Book-entry Sallie Mae Securities or which, pursuant to the securities documentation, are convertible from Book-entry Sallie Mae Securities to Definitive Sallie Mae Securities or vice versa.