§353.16. Pledge.
31 C.F.R. § 353.16
A savings bond may not be hypothecated, pledged, or used as security for the performance of an obligation.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105, 3125.
Source
Source: 44 FR 76441, Dec. 26, 1979, unless otherwise noted.