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e-CFR data is current as of February 26, 2021 |
Title 31 → Subtitle B → Chapter II → Subchapter A → Part 321 → Subpart D → §321.14 |
Title 31: Money and Finance: Treasury
PART 321—PAYMENTS BY BANKS AND OTHER FINANCIAL INSTITUTIONS OF DEFINITIVE UNITED STATES SAVINGS BONDS AND UNITED STATES SAVINGS NOTES (FREEDOM SHARES)
Subpart D—Payment and Transmittal of Securities
§321.14 Transmittal to and settlement with a Federal Reserve Processing Site.
Except for eligible securities redeemed on exchange pursuant to §321.8, a paying agent shall transmit for payment all redeemed securities to a Federal Reserve Processing Site in accordance with the Federal Reserve Operating Circular.
[77 FR 16167, Mar. 20, 2012]