Code of Federal Regulations · Section
§ 375.24 — Does The Treasury Department Prorate Offers At The Highest Accepted Price For A Particular Security?
31 C.F.R. § 375.24
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Offers at the highest accepted price for a particular security may be accepted on a prorated basis.
Authorizing Statute
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Departmental regulations5 U.S.C. § 301
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New issue used to buy, redeem, or refund outstanding obligations31 U.S.C. § 3111
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General authority of the Secretary31 U.S.C. § 321