Payment during lifetime of owner of beneficiary bond.

  1. Law
  2. CFR 31
  3. Money and Finance: Treasury
  4. Regulations Relating to Money and Finance
  5. Fiscal Service, Department of the Treasury
  6. Bureau of the Fiscal Service
  7. Regulations Governing U.S. Savings Bonds, Series a, B, C, D, E, F, G, H, J, and K, and U.S. Savings Notes
  8. General Provisions for Payment
  9. Payment during lifetime of owner of beneficiary bond.

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§ 315.38 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 § 315.43), the beneficiary will cease to have any interest in the bond.


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