[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: 31CFR346.3]

[Page 284-285]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 346--REGULATIONS GOVERNING UNITED STATES INDIVIDUAL RETIREMENT BONDS--Table of Contents
 
Sec. 346.3  Purchase of bonds.

    (a) Agencies. Individual Retirement Bonds may be purchased over-the-
counter or by mail from Federal Reserve Banks and Branches and the 
Bureau of the Public Debt, Securities Transactions Branch, Washington, 
DC 20226. Customers of commercial banks and trust companies may be able 
to arrange for the purchase of the bonds through such institutions, but 
only the Federal Reserve Banks and Branches, and the Department of the 
Treasury itself, are authorized to issue the securities. The date of 
receipt of the application and payment by such issuing agencies will 
govern the dating of the bonds issued.
    (b) Applications. Applications for the purchase of Individual 
Retirement Bonds should be made on Form PD 4345, accompanied by a 
remittance to cover the purchase price. Personal

[[Page 285]]

checks will be accepted, subject to collection. Checks, or other forms 
of exchange, should be drawn to the order of the Federal Reserve Bank or 
the U.S. Treasury, as the case may be. Checks payable by endorsement are 
not acceptable.
    (c) Delivery. Delivery of bonds will be made in person, or by mail 
at the risk and expense of the United States at the address given by the 
purchaser, but only within the United States, its territories and 
possessions, the Commonwealth of Puerto Rico, and the Canal Zone. No 
mail deliveries elsewhere will be made. If the registered owner 
temporarily resides abroad, the bonds will be delivered to such address 
in the United States as the purchaser directs.