Does Fiscal Service prohibit the issuance of Series EE savings bonds in a chain letter scheme?

  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. Offering of United States Savings Bonds, Series EE
  8. Miscellaneous Provisions
  9. Does Fiscal Service prohibit the issuance of Series EE savings bonds in a chain letter scheme?

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§ 351.82 Does Fiscal Service prohibit the issuance of Series EE savings bonds in a chain letter scheme?

We do not permit bonds to be issued in a chain letter or pyramid scheme. We authorize an issuing agent to refuse to issue a bond or accept a purchase order if there is reason to believe that a purchase is connected with a chain letter. The agent's decision is final.


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