31 C.F.R. § 357.43 Liability for transfers to and from Legacy Treasury Direct® .
Title 31 - Money and Finance: Treasury
A depository institution or other entity that transfers to, or receives, a security from Legacy Treasury Direct is deemed to be acting as agent for its customer and agrees thereby to indemnify the United States and the Federal Reserve Banks for any claim, liability, or loss resulting from the transaction.
Title 31: Money and Finance: Treasury
PART 357—REGULATIONS GOVERNING BOOK-ENTRY TREASURY BONDS, NOTES AND BILLS HELD IN LEGACY TREASURY DIRECT
Subpart D—Additional Provisions
§ 357.43 Liability for transfers to and from Legacy Treasury Direct
