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Electronic Code of Federal Regulations

e-CFR data is current as of February 18, 2020

Title 31Subtitle BChapter IISubchapter APart 342 → §342.1


Title 31: Money and Finance: Treasury
PART 342—OFFERING OF UNITED STATES SAVINGS NOTES


§342.1   Definition of words and terms used in this part.

(a) Payroll savings plan refers to a voluntary program maintained by an employer whereby its participating officers and employees authorize regular withholdings from their salaries or wages for the purchase of savings bonds.

(b) Quarter refers to a 3-month period of a year, as follows: January-February-March, April-May-June, July-August-September, or October-November-December.

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