§360.16. Pledge.
31 C.F.R. § 360.16
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; 31 U.S.C. 3105 and 3125.
Source
Source: 63 FR 38049, July 14, 1998, unless otherwise noted.