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Code of Federal Regulations (Last Updated: May 6, 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 363 - Regulations Governing Securities Held in TreasuryDirect |
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Subpart D - Zero-Percent Certificate of Indebtedness |
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Payroll Zero-Percent Certificate of Indebtedness |
§ 363.147 - How do I purchase a payroll zero-percent certificate of indebtedness?
Latest version.
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§ 363.147 How do I purchase a payroll zero-percent certificate of indebtedness?
You may purchase a payroll zero-percent certificate of indebtedness through your TreasuryDirect® account using your payroll savings plan. (See §§ 363.59 and 363.60 for more information on opening a payroll savings plan.) The only method of purchase for a payroll zero-percent certificate of indebtedness is a credit of funds from your employer or financial institution using the ACH method. You cannot purchase a payroll zero-percent certificate of indebtedness by using a debit from your financial institution.
[75 FR 70817, Nov. 19, 2010]