31 C.F.R. § 358.11   What is required to establish the authority of a depository institution to request conversion?


Title 31 - Money and Finance: Treasury


Title 31: Money and Finance: Treasury
PART 358—REGULATIONS GOVERNING BOOK-ENTRY CONVERSION OF BEARER CORPORA AND DETACHED BEARER COUPONS

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§ 358.11   What is required to establish the authority of a depository institution to request conversion?

By submitting bearer corpora and detached bearer coupons for conversion to BECCS and CUBES securities, a depository institution represents that it has the authority to request the conversion.

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