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 Definitive United States Savings Bonds, Series I
  8. General Provisions for Payment
  9. 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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