Code of Federal Regulations · Section

§ 315.38 — Payment During Lifetime Of Owner Of Beneficiary Bond

31 C.F.R. § 315.38

View:

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.

Authorizing Statute