[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR330.6]

[Page 226]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 330--REGULATIONS GOVERNING PAYMENT UNDER SPECIAL ENDORSEMENT OF UNITED STATES SAVINGS BONDS AND UNITED STATES SAVINGS NOTES (FREEDOM SHARES)--Table of Contents
 
Sec. 330.6  Securities eligible for special endorsement.

    (a) General authority. A qualified agent is authorized to affix the 
special endorsement to:
    (1) Savings bonds of Series A, B, C, D, E, EE, and I and savings 
notes to be redeemed for cash; and
    (2) Eligible savings bonds of Series E and EE and savings notes to 
be redeemed in exchange for Series HH bonds under the provisions of 
Circular No. 2-80 (31 CFR part 352).
    (b) Securities which may not be specially endorsed. The special 
endorsement procedure may not be used in any case in which payment or 
exchange:
    (1) Is requested by a parent on behalf of a minor child named on the 
security, or
    (2) Requires documentary evidence, under regulations contained in 
Circulars Nos. 530 and 3-80 (31 CFR parts 315 and 353, respectively), 
except as indicated in Sec. 330.5.
    (c) Securities owned by nonresident aliens. As securities owned by a 
nonresident alien individual, or a nonresident foreign corporation, 
partnership, or association, may be subject to the nonresident alien 
withholding tax, bonds and notes held or received by an agent for the 
account of such owners must be forwarded to the designated Federal 
Reserve Bank for redemption, even though the agent may specially endorse 
the securities.

[53 FR 37519, Sept. 26, 1988, as amended at 59 FR 10539, Mar. 4, 1994; 
63 FR 38044, July 14, 1998]