# 31 CFR § 353.11: Computation of amount

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-353.11

## Section

- **Citation:** 31 CFR § 353.11
- **Heading:** Computation of amount
- **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 353—REGULATIONS GOVERNING DEFINITIVE UNITED STATES SAVINGS BONDS, SERIES EE AND HH > Subpart C—Limitations on Annual Purchases

## Text

(a) General. The purchases of bonds in the name of any person in an individual capacity are computed separately from purchases in a fiduciary capacity. A pension or retirement fund, or an investment, insurance, annuity, or similar fund or trust is regarded as an entity, regardless of the number of beneficiaries or the manner in which their shares or interests are established, determined, or segregated.
(b) Bonds included in computation. In computing the purchases for each person, the following outstanding bonds are included:
(1) All bonds registered in the name of that person alone;
(2) All bonds registered in the name of the representative of the estate of that person; and
(3) All bonds registered in the name of that person as first-named coowner.
(c) Bonds excluded from computation. In computing the purchases for each person, the following are excluded:
(1) Bonds on which that person is named beneficiary;
(2) Bonds to which that person has become entitled—
(i) Under § 353.70 as surviving beneficiary upon the death of the registered owner;
(ii) As an heir or a legatee of the deceased owner;
(iii) By virtue of the termination of a trust or the happening of a similar event;
(3) Bonds issued in an authorized exchange or reinvestment; and
(4) Bonds that are purchased and redeemed within the same calendar year.
[44 FR 76441, Dec. 26, 1979, as amended at 68 FR 24805, May 8, 2003]

## Nearby sections

- [31 CFR § 353.0 § 353.0 Applicability.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.0.md)
- [31 CFR § 353.1 § 353.1 Official agencies.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.1.md)
- [31 CFR § 353.2 § 353.2 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.2.md)
- [31 CFR § 353.3 § 353.3 Converting definitive savings bonds to book-entry bonds in TreasuryDirect®.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.3.md)
- [31 CFR § 353.5 § 353.5 General rules.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.5.md)
- [31 CFR § 353.6 § 353.6 Restrictions on registration.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.6.md)
- [31 CFR § 353.7 § 353.7 Authorized forms of registration.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.7.md)
- [31 CFR § 353.8 § 353.8 Chain letters prohibited.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.8.md)
- [31 CFR § 353.10 § 353.10 Amounts which may be purchased.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.10.md)
- [31 CFR § 353.11 § 353.11 Computation of amount.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.11.md)
- [31 CFR § 353.12 § 353.12 Disposition of excess.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.12.md)
- [31 CFR § 353.13 § 353.13 Employee plans—Conditions of eligibility.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.13.md)
- [31 CFR § 353.15 § 353.15 Transfer.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.15.md)
- [31 CFR § 353.16 § 353.16 Pledge.](https://www.frixlaw.com/law-library/statutes/ecfr-31-353.16.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-353.11. Check the current official text before relying on it. Not legal advice.