---
kind: "section"
citation: "24 C.F.R. § 81.96"
title: "24"
number: "81.96"
heading: "Withdrawal of Eligible Book-entry GSE Securities for conversion to definitive form."
url: "https://uscodex.org/cfr/24/81.96"
---

# §81.96. Withdrawal of Eligible Book-entry GSE Securities for conversion to definitive form.

- (a) Eligible Book-entry GSE Securities may be withdrawn from the Book-entry System by requesting delivery of like Definitive GSE Securities.
- (b) A Reserve bank shall, upon receipt of appropriate instructions to withdraw Eligible Book-entry GSE Securities from book-entry in the Book-entry System, convert such securities into Definitive GSE Securities and deliver them in accordance with such instructions. No such conversion shall affect existing interests in such GSE Securities.
- (c) All requests for withdrawal of Eligible Book-entry GSE Securities must be made prior to the maturity or date of call of the securities.
- (d) GSE 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

### Amendments

[61 FR 63948, Dec. 2, 1996, as amended at 62 FR 28977, May 29, 1997]

### Source

Source: 61 FR 63948, Dec. 2, 1996, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1451 et seq., 1716-1723h, and 4501-4641; 28 U.S.C. 2461 note; 42 U.S.C. 3535(d) and 3601-3619.

### Source

Source: 60 FR 61888, Dec. 1, 1995, unless otherwise noted.

### Amendments

[61 FR 63948, Dec. 2, 1996, as amended at 62 FR 28977, May 29, 1997]