§360.7. Chain letters prohibited.
31 C.F.R. § 360.7
The issuance of bonds in the furtherance of a chain letter, pyramid, or similar scheme is against the public interest and is prohibited.
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.