---
kind: "section"
citation: "12 C.F.R. § 1249.16"
title: "12"
number: "1249.16"
heading: "Withdrawal of Eligible Book-entry Enterprise Securities for conversion to definitive form."
url: "https://uscodex.org/cfr/12/1249.16"
---

# §1249.16. Withdrawal of Eligible Book-entry Enterprise Securities for conversion to definitive form.

- (a) Eligible Book-entry Enterprise Securities may be withdrawn from the Book-entry System by requesting delivery of like Definitive Enterprise Securities.
- (b) A Federal Reserve Bank shall, upon receipt of appropriate instructions to withdraw Eligible Book-entry Enterprise Securities from book-entry in the Book-entry System, convert such securities into Definitive Enterprise Securities and deliver them in accordance with such instructions. No such conversion shall affect existing interests in such Enterprise Securities.
- (c) All requests for withdrawal of Eligible Book-entry Enterprise Securities must be made prior to the maturity or date of call of the securities.
- (d) Enterprise Securities which are to be delivered upon withdrawal may be issued in either registered or bearer form, to the extent permitted by the applicable Securities Documentation.

## Notes

### Authority

Authority: 12 U.S.C. 4501, 4502, 4511, 4513, 4526.

### Source

Source: 75 FR 55928, Sept. 14, 2010, unless otherwise noted.