Code of Federal Regulations (Last Updated: May 6, 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 359 - Offering of United States Savings Bonds, Series I |
Subpart B - Definitive Series I Savings Bonds |
§ 359.32 - What definitive Series I savings bonds are excluded from the computation?
Latest version.
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Link to an amendment published at 76 FR 66856, Oct. 28, 2011.
In computing the purchases for each person, the following are excluded:
(a) Bonds on which that person is named as beneficiary;
(b) Bonds to which that person has become entitled upon the death of the registered owner;
(c) Bonds to which that person has become entitled by virtue of the termination of a trust or the occurrence of a similar event; and
(d) Bonds that are purchased and redeemed within the same calendar year.