§ 359.32 - What definitive Series I savings bonds are excluded from the computation?  


Latest version.
  • 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.