May a zero-percent certificate of indebtedness be pledged or used as collateral?

  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 Securities Held in TreasuryDirect
  8. Zero-Percent Certificate of Indebtedness
  9. General
  10. May a zero-percent certificate of indebtedness be pledged or used as collateral?

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§ 363.140 May a zero-percent certificate of indebtedness be pledged or used as collateral?

A zero-percent certificate of indebtedness may not be pledged or used as collateral for the performance of an obligation.

[69 FR 50309, Aug. 16, 2004. Redesignated at 70 FR 57437, Sept. 30, 2005, and further redesignated at 75 FR 70816, Nov. 19, 2010]


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