§363.100. What are the rules for purchasing and delivering gift savings bonds to minors?
31 C.F.R. § 363.100
A TreasuryDirect ® account owner can purchase a savings bond as a gift with a minor as the recipient.
An account owner can deliver a bond purchased as a gift to a minor. The account owner must deliver the security to the minor's linked account. Once delivered, the bond will be under the control of the custodian of the minor's account. (See § 363.27.)
Notes, amendments, and revision history
Amendments
[70 FR 57444, Sept. 30, 2005]
Authority
Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3102, et seq.; 31 U.S.C. 3121, et seq.
Source
Source: 67 FR 64286, Oct. 17, 2002, unless otherwise noted.
Amendments
[70 FR 57444, Sept. 30, 2005]