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Electronic Code of Federal Regulations

e-CFR data is current as of May 26, 2020

Title 31Subtitle BChapter IISubchapter APart 315Subpart H → §315.38


Title 31: Money and Finance: Treasury
PART 315—REGULATIONS GOVERNING U.S. SAVINGS BONDS, SERIES A, B, C, D, E, F, G, H, J, AND K, AND U.S. SAVINGS NOTES
Subpart H—General Provisions for Payment


§315.38   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 §315.43), the beneficiary will cease to have any interest in the bond.

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