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Title 31: Money and Finance: Treasury
Subtitle B: Regulations Relating to Money and Finance (Continued)
CHAPTER II: FISCAL SERVICE, DEPARTMENT OF THE TREASURY
SUBCHAPTER B: BUREAU OF THE PUBLIC DEBT
PART 317: REGULATIONS GOVERNING AGENCIES FOR ISSUE OF UNITED STATES SAVINGS BONDS
317.1 - Definitions.
(a) Bond(s) means Series EE United States Savings Bonds and Series I United States Savings Bonds.
(b) Federal Reserve Bank refers to the Federal Reserve Bank or Branch providing savings bond services to the district in which the issuing agent or the applicant organization is located. See ? 317.9(a).
(c) Issuing agent refers to an organization that has been qualified by a designated Federal Reserve Bank or the Commissioner of the Bureau of the Public Debt to sell savings bonds. An issuing agent acts as an agent of the purchaser in handling the remittance. The definition encompasses:
(1) Each organization that accepts and processes purchase orders for bonds sold over-the-counter, but does not inscribe bonds, and
(2) Each organization that is authorized to inscribe bonds sold over-the-counter or through payroll savings plans.
(d) Offering circular refers to Department of the Treasury Circular, Public Debt Series No. 1-80, current revision, for Series EE savings bonds, and to Department of the Treasury Circular, Public Debt Series No. 1-98 for Series I savings bonds.
(e) Organization means an entity, as described in ? 317.2, that may qualify as an issuing agent of bonds.
[63 FR 64550, Nov. 20, 1998]
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