# 31 C.F.R. § 315.21 (2026): Payment to judgment creditors

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P315_S315_21

## Section

- **Citation:** 31 C.F.R. § 315.21 (2026)
- **Heading:** Payment to judgment creditors
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 31 CFR: Money and Finance: Treasury / Chapter II: FISCAL SERVICE, DEPARTMENT OF THE TREASURY / Part 315: REGULATIONS GOVERNING U.S. SAVINGS BONDS, SERIES A, B, C, D, E, F, G, H, J, AND K, AND U.S. SAVINGS NOTES / Subpart E: Limitations on Judicial Proceedings—No Stoppage or Caveats Permitted / § 315.21: § 315.21   Payment to judgment creditors.

## Text

(a)
Purchaser or officer under levy.
The Department of the Treasury will pay (but not reissue) a savings bond to the purchaser at a sale under a levy or to the officer authorized under appropriate process to levy upon property of the registered owner or coowner to satisfy a money judgment. Payment will be made only to the extent necessary to satisfy the money judgment. The amount paid is limited to the redemption value 60 days after the termination of the judicial proceedings. Payment of a bond registered in coownership form pursuant to a judgment or a levy against only one coowner is limited to the extent of that coowner's interest in the bond. That interest must be established by an agreement between the coowners or by a judgment, decree, or order of a court in a proceeding to which both coowners are parties.
(b)
Trustee in bankruptcy, receiver, or similar court officer.
The Department of the Treasury will pay, at current redemption value, a savings bond to a trustee in bankruptcy, a receiver of an insolvent's estate, a receiver in equity, or a similar court officer under the provisions of paragraph (a) of this section.

## Nearby sections

- [31 C.F.R. § 315.20 (2026) § 315.20   General.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P315_S315_20.md)
- [31 C.F.R. § 315.21 (2026) § 315.21   Payment to judgment creditors.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P315_S315_21.md)
- [31 C.F.R. § 315.22 (2026) § 315.22   Payment or reissue pursuant to judgment.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P315_S315_22.md)
- [31 C.F.R. § 315.23 (2026) § 315.23   Evidence.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P315_S315_23.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P315_S315_21. Check the current official text before relying on it. Not legal advice.