# 31 CFR § 353.8: Chain letters prohibited

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-353.8

## Section

- **Citation:** 31 CFR § 353.8
- **Heading:** Chain letters prohibited
- **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 B—Registration

## Text

The issuance of bonds in the furtherance of a chain letter or pyramid scheme is considered to be against the public interest and is prohibited.

## 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)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-353.8. Check the current official text before relying on it. Not legal advice.