31 C.F.R. § 363.12 Who may purchase and hold book-entry securities in TreasuryDirect® ?
Title 31 - Money and Finance: Treasury
(a) A TreasuryDirect account owner may purchase and hold securities through his or her account. (b) We do not permit a legally incompetent person to open an account, purchase securities, or convert savings bonds once we have been provided with an order from a court with appropriate jurisdiction determining incompetence to perform such activities. (c) We do not permit a legal representative, a legal guardian, or a voluntary representative to purchase securities on behalf of the estate of a decedent or an incompetent person. (d) We may reject any application for the purchase of a security, in whole or in part. We may refuse to issue a security in any case or class of cases, if we deem the action to be in the public interest. Our decision in any such respect is final. [70 FR 57433, Sept. 30, 2005]
Title 31: Money and Finance: Treasury
PART 363—REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT
Subpart B—General Provisions Governing Securities Held in TreasuryDirect
§ 363.12 Who may purchase and hold book-entry securities in TreasuryDirect
