31 CFR 315.38
§ 315.38 Payment during lifetime of owner of beneficiary bond.
United States · 31 CFR — Money and Finance: Treasury · Status: effective
Cite this
- Citation
- 31 CFR 315.38, § 315.38 Payment during lifetime of owner of beneficiary bond, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139795
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.