[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: 31CFR353.37] [Page 332] 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 H--General Provisions for Payment Sec. 353.37 Payment during lives of both coowners. A savings bond registered in coownership form will be paid to either coowner upon surrender with an appropriate request, and upon payment (as determined in Sec. 353.43), the other coowner will cease to have any interest in the bond. If both coowners request payment, payment will be made by check drawn in the form, ``John A. Jones AND Mary C. Jones''.