31 CFR 363.12: Who may purchase and hold book-entry securities in TreasuryDirect ®?
Where this section sits in the code
- Title 31—Money and Finance: Treasury
- Subtitle B—Regulations Relating to Money and Finance
- CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY
- SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE
- PART 363—REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT
- Subpart B—General Provisions Governing Securities Held in TreasuryDirect
(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 voluntary representative to purchase securities on behalf of the estate of a decedent.
(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.
Collected 2026-08-27T02:25:25Z. Source file · JSON