§ 360.38 - Payment during lifetime of owner of beneficiary bond.

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§ 360.38 Payment during lifetime of owner of beneficiary bond.

A savings bond registered in beneficiary form will be paid to the registered owner during his or her lifetime upon surrender with an appropriate request. Upon payment (as determined in § 360.43) the beneficiary will cease to have any interest in the bond.

                    
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§ 360.38 - Payment during lifetime of owner of beneficiary bond.

§ 360.38 Payment during lifetime of owner of beneficiary bond.