[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: 31CFR342.1]

[Page 249]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 342--OFFERING OF UNITED STATES SAVINGS NOTES--Table of Contents
 
Sec. 342.1  Definition of words and terms used in this part.

    (a) Payroll savings plan refers to a voluntary program maintained by 
an employer whereby its participating officers and employees authorize 
regular withholdings from their salaries or wages for the purchase of 
savings bonds.
    (b) Quarter refers to a 3-month period of a year, as follows: 
January-February-March, April-May-June, July-August-September, or 
October-November-December.