[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: 31CFR343.2]

[Page 255]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 343--REGULATIONS GOVERNING THE OFFERING OF UNITED STATES MORTGAGE GUARANTY INSURANCE COMPANY TAX AND LOSS BONDS--Table of Contents
 
                      Subpart B--Tax and Loss Bonds
 
Sec. 343.2  Issue date and purchase.


    (a) Issue date. The issue date must be a business day. The bonds 
will be issued as of the date of receipt of Form PD F 3871 ``Application 
for Issue of United States Mortgage Guaranty Insurance Company Tax and 
Loss Bonds'' and receipt of the remittance of funds for the full amount 
of the bond(s). Applications under this offering must be submitted to 
the Division of Special Investments. An application may be submitted by 
fax at (304) 480-7786 or (304) 480-6818, by mail, or by other carrier. 
Applications submitted by mail should be sent by certified or registered 
mail.
    (b) Purchase. Tax and loss bonds may only be purchased from the 
Division of Special Investments. The purchaser will instruct their 
financial institution to submit the exact amount of funds on the 
requested issue date to the Division of Special Investments via the 
Fedwire funds transfer system, with credit directed to the Treasury's 
General Account, according to wire instructions obtained from the 
Division of Special Investments (see Sec. 343.1(g)). Full payment should 
be submitted by 3:00 P.M. Eastern time to ensure that settlement of the 
transaction occurs.

(Approved by the Office of Management and Budget under control number 
1535-0127.)