31 C.F.R. Subpart A—General Information
Title 31 - Money and Finance: Treasury
(a) The regulations in this part govern definitive (paper) Series EE savings bonds that have not been converted to book-entry bonds through New Treasury Direct and definitive Series HH savings bonds. These bonds bear issue dates of January 1, 1980, or thereafter. (b) The regulations in 31 CFR part 315 govern all other definitive United States Savings Bonds and Savings Notes. (c) The regulations in 31 CFR part 363 govern Series EE savings bonds that were originally issued as book-entry bonds in New Treasury Direct and Series EE savings bonds that were converted to book-entry bonds through New Treasury Direct. [68 FR 24805, May 8, 2003, as amended at 70 FR 14941, Mar. 23, 2005] (a) The Bureau of the Public Debt of the Department of the Treasury is responsible for administering the Savings Bonds Program. Authority to process transactions has been delegated to Federal Reserve Banks and Branches in the list in paragraph (b) of this section, as fiscal agents of the United States. (b) Communications concerning transactions and requests for forms should be addressed to: (1) A Federal Reserve Bank or Branch in the list below; the Bureau of the Public Debt, 200 Third Street, Parkersburg, WV 26101; or the Bureau of the Public Debt, Washington, DC 20226. (2)(i) The following Federal Reserve Offices have been designated to provide savings bond services: (ii) Until March 1, 1996, other Federal Reserve Offices may continue to provide some savings bond services, but such services will be phased out over the period prior to that date. (c) Notices and documents must be filed with the agencies referred to above and as indicated in these regulations. [44 FR 76441, Dec. 26, 1979, as amended at 59 FR 10541, Mar. 4, 1994] (a) Bond, or Series EE or HH savings bond, as used in this part, means a definitive United States Savings Bond of Series EE or HH. (b) Converted bond means a savings bond originally issued as a definitive bond that has been surrendered to us and converted to a book-entry savings bond to be maintained by Treasury solely as a computer record. (c) Incompetent means an individual who is incapable of handling his or her business affairs because of a legal, mental or medical disability, except that a minor is not an incompetent solely because of age. (d) Inscription means the information that is printed on the face of the bond. (e) Issuing agent means an organization that has been qualified under the provisions of Department of the Treasury Circular, Public Debt Series No. 4–67, current revision (31 CFR part 317), to issue savings bonds. (f) Paying agent means a financial institution that has been qualified under the provisions of Department of the Treasury Circular No. 750, current revision (31 CFR part 321), to make payment of savings bonds. (g) Payment means redemption, unless otherwise indicated by context. (h) Person means any legal entity including, but without limitation, an individual, corporation (public or private), partnership, unincorporated association, or fiduciary estate. (i) Personal trust estates means trust estates established by natural persons in their own right for the benefit of themselves or other natural persons in whole or in part, and common trust funds comprised in whole or in part of such trust estates. (j) Registration means that the names of all persons named on the bond and the taxpayer identification number (TIN) of the owner, first-named coowner, or purchaser of a gift bond are maintained on our records. (k) Reissue means the cancellation and retirement of a bond and the issuance of a new bond or bonds of the same series, same issue date, and same total face amount. (l) Representative of the estate of a minor, incompetent, aged person, absentee, et al. means the court-appointed or otherwise qualified person, regardless of title, who is legally authorized to act for the individual. The term does not include parents in their own right, voluntary or natural guardians, or the executors or administrators of decedents' estates. (m) Surrender means the actual receipt of a bond with an appropriate request for payment or reissue by either a Federal Reserve Bank or Branch, the Bureau of the Public Debt, or, if a paying agent is authorized to handle the transaction, the actual receipt of the bond and the request for payment by the paying agent. (n) Taxpayer identifying number means a social security account number or an employer identification number. (o) Voluntary guardian means an individual who is recognized as authorized to act for an incompetent, as provided by §353.64. (p) Voluntary representative means the person qualified by the Department of the Treasury to request payment or distribution of a decedent's savings bonds pursuant to §353.71. [44 FR 76441, Dec. 26, 1979, as amended at 68 FR 24805, May 8, 2003; 70 FR 14941, Mar. 23, 2005; 70 FR 57430, Sept. 30, 2005; 71 FR 46857, Aug. 15, 2006] Series EE savings bonds that were originally issued as definitive bonds may be converted to book-entry bonds through New Treasury Direct, an online system for holding Treasury securities. The Web address for New Treasury Direct is http://www.treasurydirect.gov. Bond owners who wish to convert their definitive savings bonds should follow online instructions for conversion. Regulations governing converted bonds are found at 31 CFR part 363. [70 FR 14941, Mar. 23, 2005]
Title 31: Money and Finance: Treasury
PART 353—REGULATIONS GOVERNING UNITED STATES SAVINGS BONDS, SERIES EE AND HH
Subpart A—General Information
§ 353.0 Applicability.
§ 353.1 Official agencies.
------------------------------------------------------------------------ Reserve districts Geographic area Servicing office served served------------------------------------------------------------------------Federal Reserve Bank, Buffalo New York, Boston. CT, MA, ME, NH, Branch, P.O. Box 961, Buffalo, NY NJ (northern 14240. half), NY (City & State), RI, VT, Puerto Rico and Virgin Islands.Federal Reserve Bank, Pittsburgh Cleveland, DE, KY (eastern Branch, P.O. Box 867, Pittsburgh, Philadelphia. half), NJ PA 15230. (southern half), OH, PA, WV (northern panhandle).Federal Reserve Bank of Richmond, Richmond, Atlanta AL, DC, FL, LA P.O. Box 27622, Richmond, VA 23261. (southern half), MD, MS (southern half), NC, SC, TN (eastern half), VA, WV (except northern panhandle).Federal Reserve Bank of Minneapolis, IA, IL (northern Minneapolis, 250 Marquette Avenue, Chicago. half), IN Minneapolis, MN 55480. (northern half), MN, MT, ND, SD, WI.Federal Reserve Bank of Kansas Dallas, San AK, AR, AZ, CA, City, 925 Grand Avenue, Kansas Francisco, CO, HI, ID, IL City, MO 64198. Kansas City, St. (southern Louis. half), IN (southern half), KS, KY (western half), LA (northern half), MO, NE, NM, NV, OK, OR, TN (western half), TX, WA, WY, UT and GU.------------------------------------------------------------------------
§ 353.2 Definitions.
§ 353.3 Converting definitive savings bonds to book-entry bonds in New Treasury Direct.
