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A representative payee who has conserved or invested benefit payments shall transfer these funds, and the interest earned from the invested funds, to either a successor payee or to us, as we will specify. If the funds and the earned interest are returned to us, we will recertify them to a successor representative payee or to the beneficiary.
[47 FR 30472, July 14, 1982; 47 FR 34781, Aug. 11, 1982]
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Last reviewed or modified Wednesday Sep 17, 2008 |