Section 363.95 - How may I give, and who can receive, a book-entry savings bond as a gift?You may give a book-entry savings bond as a gift in two ways:
(a) An individual may purchase a book-entry savings bond online as a gift and give it to an individual; or(b) A person who owns a bond may transfer that bond to another person as a gift with immediate delivery. 67 FR 64286 , Oct. 17, 2002, as amended at 68 FR 24807 , May 8, 2003; 70 FR 57437 , Sept. 30, 2005; 74 FR 19419 , Apr. 29, 2009