§363.143. How do I purchase a security using the redemption proceeds of my zero-percent certificate of indebtedness?
31 C.F.R. § 363.143
You may purchase an eligible security by redeeming all or a portion of your zero-percent certificate of indebtedness and applying the proceeds toward the purchase of another eligible security. To do this, your zero-percent certificate of indebtedness must be of sufficient value to cover the cost of the security. If you are paying for a security using the redemption proceeds of a zero-percent certificate of indebtedness, you must pay the full amount of the purchase price of the security using the redemption proceeds.
Notes, amendments, and revision history
Amendments
[69 FR 50309, Aug. 16, 2004. Redesignated at 75 FR 70816, Nov. 19, 2010]
Source
Source: 69 FR 50309, Aug. 16, 2004, unless otherwise noted.
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
[69 FR 50309, Aug. 16, 2004. Redesignated at 75 FR 70816, Nov. 19, 2010]