[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR363.160]

[Page 497]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 363_REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT--Table 
of Contents
 
            Subpart E_Conversion of a Definitive Savings Bond
 
Sec.  363.160  What subparts govern the conversion of definitive savings 
bonds?

    Source: 70 FR 14943, Mar. 23, 2005, unless otherwise noted.


    (a) This subpart governs:
    (1) The process of converting definitive savings bonds of all 
eligible series and types of registration to book-entry bonds in 
TreasuryDirect[supreg];
    (2) Converted savings bonds of all series registered in the coowner 
form of registration, unless the non-converting coowner consents to a 
change in the registration of the bonds after conversion;
    (3) Converted savings bonds of Series E registered in the owner with 
beneficiary form of registration, unless the beneficiary consents to a 
change in the registration of the bonds after conversion; and
    (4) Converted savings bonds of all series that are held as gift 
bonds by the person who converted the bonds.
    (b) Subpart C governs:
    (1) Converted savings bonds of any series registered in the single 
owner form of registration;
    (2) Converted Series EE and Series I savings bonds registered in the 
owner with beneficiary form of registration;
    (3) Converted Series E savings bonds registered in the owner with 
beneficiary form of registration, where the beneficiary has consented to 
a change in the registration of the bonds after conversion; and
    (4) Converted savings bonds of all series registered in the coowner 
form of registration, where the non-converting coowner has consented to 
a change in the registration of the bonds after conversion.

[70 FR 14943, Mar. 23, 2005, as amended at 70 FR 57347, Sept. 30, 2005]