# 31 CFR § 321.6: General

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-321.6

## Section

- **Citation:** 31 CFR § 321.6
- **Heading:** General
- **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 C—Scope of Authority

## Text

Securities are issued only in registered form (subject to 31 CFR 359.11), are not transferable, may not be hypothecated or used as collateral for a loan, and, except as otherwise specifically provided in the governing regulations and this part, are payable to the owner or coowner named on the security. The regulations governing Series EE and HH bonds are contained in Department of the Treasury Circular, Fiscal Service Series No. 3-80, current revision (31 CFR part 353); those governing Series I bonds are contained in Department of the Treasury Circular, Fiscal Service Series No. 2-98 (31 CFR part 360); and, those governing all other series of U.S. savings securities are contained in Department of the Treasury Circular No. 530, current revision (31 CFR part 315).
[63 FR 38042, July 14, 1998]

## 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)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-321.6. Check the current official text before relying on it. Not legal advice.
