# 31 CFR § 321.0: Purpose

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-321.0

## Section

- **Citation:** 31 CFR § 321.0
- **Heading:** Purpose
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 31—Money and Finance: Treasury > Subtitle B—Regulations Relating to Money and Finance > CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY > SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE > PART 321—PAYMENTS BY BANKS AND OTHER FINANCIAL INSTITUTIONS OF DEFINITIVE UNITED STATES SAVINGS BONDS AND UNITED STATES SAVINGS NOTES (FREEDOM SHARES) > Subpart A—General Information

## Text

These regulations govern the manner in which financial institutions may qualify and act as paying agents for the redemption of:
(a) Definitive United States Savings Bonds of Series A, B, C, D, E, EE, and I, and United States Savings Notes (Freedom Shares), presented for cash payment; and
(b) Eligible definitive Series E and Series EE savings bonds and savings notes presented for redemption in exchange for Series HH savings bonds under the provisions of Department of the Treasury Circular, Fiscal Service Series No. 2-80 (31 CFR part 352).
[77 FR 16166, Mar. 20, 2012]

## Nearby sections

- [31 CFR § 321.0 § 321.0 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.0.md)
- [31 CFR § 321.1 § 321.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.1.md)
- [31 CFR § 321.2 § 321.2 Eligible organizations.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.2.md)
- [31 CFR § 321.3 § 321.3 Procedure for qualifying and serving as paying agent.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.3.md)
- [31 CFR § 321.4 § 321.4 Paying agents previously qualified.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.4.md)
- [31 CFR § 321.5 § 321.5 Termination of qualification.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.5.md)
- [31 CFR § 321.6 § 321.6 General.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.6.md)
- [31 CFR § 321.7 § 321.7 Authorized cash payments.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.7.md)
- [31 CFR § 321.8 § 321.8 Redemption-exchange of Series E and EE savings bonds and savings notes.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.8.md)
- [31 CFR § 321.9 § 321.9 Specific limitations on payment authority.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.9.md)
- [31 CFR § 321.10 § 321.10 Responsibilities of paying agents.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.10.md)
- [31 CFR § 321.11 § 321.11 Payment.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.11.md)
- [31 CFR § 321.12 § 321.12 Redemption value of securities.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.12.md)
- [31 CFR § 321.13 § 321.13 Cancellation of redeemed securities.](https://www.frixlaw.com/law-library/statutes/ecfr-31-321.13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-321.0. Check the current official text before relying on it. Not legal advice.
