---
kind: "section"
citation: "31 C.F.R. § 375.15"
title: "31"
number: "375.15"
heading: "Who is responsible for delivering securities?"
url: "https://uscodex.org/cfr/31/375.15"
---

# §375.15. Who is responsible for delivering securities?


As a submitter, you are responsible for delivering any securities we accept in the redemption operation, including any securities for which you submitted offers on behalf of others. (See [§ 375.23](/cfr/31/375.23.md).) All securities you deliver must be free and clear of all liens, charges, claims, and any other restrictions.


## Notes

### Authority

Authority: 5 U.S.C. 301; 31 U.S.C. 321; 31 U.S.C. 3111; 12 U.S.C. 391.

### Source

Source: 65 FR 3116, Jan. 19, 2000, as amended at 91 FR 15541, Mar. 30, 2026, unless otherwise noted.