---
kind: "section"
citation: "31 C.F.R. § 363.26"
title: "31"
number: "363.26"
heading: "What is a transfer?"
url: "https://uscodex.org/cfr/31/363.26"
---

# §363.26. What is a transfer?

- (a) **A transfer is a transaction to—**
  - (1) Move a Treasury security, or a portion of a Treasury security, from one account to another within TreasuryDirect ®;
  - (2) Move a marketable Treasury security to or from a TreasuryDirect account and an account in the commercial book-entry system;
  - (3) Move a marketable Treasury security to a TreasuryDirect account from a Legacy Treasury Direct® account.
- (b) Transfers of a specific type of security may be limited by the subparts that refer to that security.
- (c) **Gift delivery is not a transfer.** A transfer does not include delivery of a gift savings bond from the donor to the recipient. This is referred to as a delivery.

## Notes

### Amendments

[67 FR 64286, Oct. 17, 2002, as amended at 70 FR 57443, Sept. 30, 2005; 76 FR 18064, Apr. 1, 2011]

### 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

[67 FR 64286, Oct. 17, 2002, as amended at 70 FR 57443, Sept. 30, 2005; 76 FR 18064, Apr. 1, 2011]