# 31 C.F.R. § 354.0 (2026): Applicability; maintenance of Sallie Mae Securities

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_0

## Section

- **Citation:** 31 C.F.R. § 354.0 (2026)
- **Heading:** Applicability; maintenance of Sallie Mae Securities
- **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 354: REGULATIONS GOVERNING BOOK-ENTRY SECURITIES OF THE STUDENT LOAN MARKETING ASSOCIATION (SALLIE MAE) / § 354.0: § 354.0   Applicability › maintenance of Sallie Mae Securities.

## Text

(a) A Sallie Mae Security may be maintained in the form of a Definitive Sallie Mae Security or a Book-entry Sallie Mae Security. A Book-entry Sallie Mae Security shall be maintained in the Book-entry System.
(b) The Sallie Mae Securities to which the regulations in this part apply are obligations which, by the terms of their issue, are available exclusively as Book-entry Sallie Mae Securities or which, pursuant to the securities documentation, are convertible from Book-entry Sallie Mae Securities to Definitive Sallie Mae Securities or vice versa.

## Nearby sections

- [31 C.F.R. § 354.0 (2026) § 354.0   Applicability; maintenance of Sallie Mae Securities.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_0.md)
- [31 C.F.R. § 354.1 (2026) § 354.1   Definitions of terms.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_1.md)
- [31 C.F.R. § 354.2 (2026) § 354.2   Law governing rights and obligations of Federal Reserve Banks, and Sallie Mae; rights of any Person against Federal Reserve Banks and Sallie Mae.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_2.md)
- [31 C.F.R. § 354.3 (2026) § 354.3   Law governing other interests.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_3.md)
- [31 C.F.R. § 354.4 (2026) § 354.4   Creation of Participant's Security Entitlement; security interests.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_4.md)
- [31 C.F.R. § 354.5 (2026) § 354.5   Obligations of Sallie Mae; no adverse claims.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_5.md)
- [31 C.F.R. § 354.6 (2026) § 354.6   Authority of Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_6.md)
- [31 C.F.R. § 354.7 (2026) § 354.7   Withdrawal of eligible Book-entry Sallie Mae Securities for conversion to definitive form.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_7.md)
- [31 C.F.R. § 354.8 (2026) § 354.8   Waiver of regulations.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_8.md)
- [31 C.F.R. § 354.9 (2026) § 354.9   Liability of Sallie Mae and Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_9.md)
- [31 C.F.R. § 354.10 (2026) § 354.10   Additional provisions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_10.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P354_S354_0. Check the current official text before relying on it. Not legal advice.