[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: 31CFR353.2]

[Page 319-320]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 353--REGULATIONS GOVERNING UNITED STATES SAVINGS BONDS, SERIES EE AND HH--Table of Contents
 
                     Subpart A--General Information
 
Sec. 353.2  Definitions.

    (a) Bond means a United States Savings Bond of Series EE or HH, 
unless the context indicates otherwise.
    (b) Incompetent means an individual who is incapable of handling his 
or her business affairs because of a legal, mental or medical 
disability, except that a minor is not an incompetent solely because of 
age.
    (c) Issuing agent means an organization that has been qualified 
under the provisions of Department of the Treasury Circular, Public Debt 
Series No. 4-67, current revision (31 CFR part 317), to issue savings 
bonds.
    (d) Paying agent means a financial institution that has been 
qualified under the provisions of Department of the Treasury Circular 
No. 750, current revision (31 CFR part 321), to make payment of savings 
bonds.
    (e) Payment means redemption, unless otherwise indicated by context.
    (f) Person means any legal entity including, but without limitation, 
an individual, corporation (public or private), partnership, 
unincorporated association, or fiduciary estate.
    (g) Personal trust estates means trust estates established by 
natural persons in their own right for the benefit of themselves or 
other natural persons in whole or in part, and common trust funds 
comprised in whole or in part of such trust estates.
    (h) Reissue means the cancellation and retirement of a bond and the 
issuance of a new bond or bonds of the same series, same issue date, and 
same total face amount.
    (i) Representative of the estate of a minor, incompetent, aged 
person, absentee, et al. means the court-appointed or otherwise 
qualified person, regardless of title, who is legally authorized to act 
for the individual. The term does not include parents in their own 
right, voluntary or natural guardians, or the executors or 
administrators of decedents' estates.
    (j) Surrender means the actual receipt of a bond with an appropriate 
request for payment or reissue by either a Federal Reserve Bank or 
Branch, the Bureau of the Public Debt, or, if a paying agent is 
authorized to handle the

[[Page 320]]

transaction, the actual receipt of the bond and the request for payment 
by the paying agent.
    (k) Taxpayer identifying number means a social security account 
number or an employer identification number.
    (l) Voluntary guardian means an individual who is recognized as 
authorized to act for an incompetent, as provided by Sec. 353.64.