[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: 31CFR340.9]

[Page 238]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 340--REGULATIONS GOVERNING THE SALE OF TREASURY BONDS THROUGH COMPETITIVE BIDDING--Table of Contents
 
Sec. 340.9  Bids--revocations--rejections-- postponements--reoffers.

    The Secretary of the Treasury, in his discretion, may (a) revoke the 
public notice of invitation to bid at any time before opening bids, (b) 
return all bids unopened either at or prior to the time specified for 
their opening, (c) reject any or all bids, (d) postpone the time for 
presentation and opening of bids, and (e) waive any immaterial or 
obvious defect in any bid. Any action the Secretary of the Treasury may 
take in these respects shall be final. In the event of a postponement, 
known bidders will be advised thereof and their bids returned unopened.