31 C.F.R. § 321.13 Cancellation of redeemed securities.
Title 31 - Money and Finance: Treasury
An agent shall cancel each redeemed security by imprinting the word “PAID” on its face and entering the amount and date of the actual payment and the agent's name, location, and four-digit code number assigned by the appropriate Federal Reserve Bank. The recordation of this data shall constitute a certification by the agent that the security was redeemed in accordance with the provisions of this part, that the presenter's identity and entitlement to request payment were duly established, and that the proceeds were paid to the presenter or remitted to an appropriate Federal Reserve Bank in payment for Series HH bonds. [53 FR 37511, Sept. 26, 1988, as amended at 59 FR 10537, Mar. 4, 1994]
Title 31: Money and Finance: Treasury
PART 321—PAYMENTS BY BANKS AND OTHER FINANCIAL INSTITUTIONS OF UNITED STATES SAVINGS BONDS AND UNITED STATES SAVINGS NOTES (FREEDOM SHARES)
Subpart D—Payment and Transmittal of Securities
§ 321.13 Cancellation of redeemed securities.
