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§360.63. Payment to a parent or other person on behalf of a minor. — Inbound Citations

31 C.F.R. § 360.63

Cited by 2 regulations in release Current.

Citations to 31 C.F.R. § 360.63 as a whole

  • (2) If a minor named on a bond as owner, coowner, or beneficiary is not of sufficient competency and understanding to request payment, the parents or other person authorized to request payment under § 360.63 will ordinarily be required to join in the application.
  • (b) Except to the extent provided in paragraph (a) of this section, reissue will be restricted to a form of registration which does not adversely affect the existing ownership or interest of a minor or other person under legal disability. Requests for reissue should be executed by the person authorized to request payment under §§ 360.60 and 360.63, or the person who may request recognition as voluntary guardian under § 360.64.