[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: 31CFR354.0]

[Page 344]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 354--REGULATIONS GOVERNING BOOK-ENTRY SECURITIES OF THE STUDENT LOAN MARKETING ASSOCIATION (SALLIE MAE)--Table of Contents
 
Sec. 354.0  Applicability; maintenance of Sallie Mae Securities.

    (a) A Sallie Mae Security may be maintained in the form of a 
Definitive Sallie Mae Security or a Book-entry Sallie Mae Security. A 
Book-entry Sallie Mae Security shall be maintained in the Book-entry 
System.
    (b) The Sallie Mae Securities to which the regulations in this part 
apply are obligations which, by the terms of their issue, are available 
exclusively as Book-entry Sallie Mae Securities or which, pursuant to 
the securities documentation, are convertible from Book-entry Sallie Mae 
Securities to Definitive Sallie Mae Securities or vice versa.