---
kind: "section"
citation: "31 C.F.R. § 359.67"
title: "31"
number: "359.67"
heading: "Does Fiscal Service prohibit the issuance of Series I savings bonds in a chain letter scheme?"
url: "https://uscodex.org/cfr/31/359.67"
---

# §359.67. Does Fiscal Service prohibit the issuance of Series I savings bonds in a chain letter scheme?


We do not permit bonds to be issued in a chain letter or pyramid scheme. We authorize an issuing agent to refuse to issue a bond or accept a purchase order if there is reason to believe that a purchase is connected with a chain letter. The agent's decision is final.


## Notes

### Authority

Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105.

### Source

Source: 67 FR 64278, Oct. 17, 2002, unless otherwise noted.