§346.6. Nontransferability.
31 C.F.R. § 346.6
United States Individual Retirement Bonds are not transferable, and may not be sold, discounted or pledged as collateral for a loan or as security for the performance of an obligation, or for any other purpose.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3106 et seq., 3125, 3126.
Source
Source: 40 FR 4240, Jan. 28, 1975, unless otherwise noted.