31 C.F.R. § 315.38

Current through October 31, 2024
Section 315.38 - Payment during lifetime of owner of beneficiary bond

A savings bond registered in beneficiary form will be paid to the registered owner during his or her lifetime upon surrender with an appropriate request. Upon payment (as determined in § 315.43 ), the beneficiary will cease to have any interest in the bond.

31 C.F.R. §315.38