---
kind: "section"
citation: "31 C.F.R. § 363.162"
title: "31"
number: "363.162"
heading: "Who may convert a definitive savings bond?"
url: "https://uscodex.org/cfr/31/363.162"
---

# §363.162. Who may convert a definitive savings bond?


The owner of a TreasuryDirect ® primary account may convert a definitive savings bond.

- (a) **Bond that is registered to the account owner.** The following persons may convert a definitive savings bond of an eligible series to a book-entry bond to be held in the person's TreasuryDirect account:
  - (1) The owner of a definitive savings bond registered in the single owner or entity form of registration;
  - (2) Either co-owner of a bond registered in the coowner form of registration; and
  - (3) **The owner of a bond registered in the owner with beneficiary form of registration.**
- (b) **Bond that is registered to someone other than the account owner.** We will convert an eligible definitive savings bond submitted by an individual account owner who is not the registered owner of the savings bond. See the special rules in [§ 363.166](/cfr/31/363.166.md).

## Notes

### Amendments

[74 FR 19420, Apr. 29, 2009]

### Source

Source: 70 FR 14943, Mar. 23, 2005, 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

[74 FR 19420, Apr. 29, 2009]