31 CFR 353.37
§ 353.37 Payment during lives of both coowners.
United States · 31 CFR — Money and Finance: Treasury · Status: effective
Cite this
- Citation
- 31 CFR 353.37, § 353.37 Payment during lives of both coowners, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/140204
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Full text
A savings bond registered in coownership form will be paid to either coowner upon surrender with an appropriate request, and upon payment (as determined in § 353.43), the other coowner will cease to have any interest in the bond. If both coowners request payment, payment will be made by check drawn in the form, “John A. Jones AND Mary C. Jones”.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.