31 C.F.R. § 360.7 Chain letters prohibited.
Title 31 - Money and Finance: Treasury
The issuance of bonds in the furtherance of a chain letter, pyramid, or similar scheme is against the public interest and is prohibited.
Title 31: Money and Finance: Treasury
PART 360—REGULATIONS GOVERNING DEFINITIVE UNITED STATES SAVINGS BONDS, SERIES I
Subpart B—Registration
§ 360.7 Chain letters prohibited.