---
kind: "section"
citation: "31 C.F.R. § 363.58"
title: "31"
number: "363.58"
heading: "May book-entry savings bonds be pledged or used as collateral?"
url: "https://uscodex.org/cfr/31/363.58"
---

# §363.58. May book-entry savings bonds be pledged or used as collateral?


Bonds may not be pledged or used as collateral for the performance of an obligation.


## Notes

### 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.