[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: 31CFR354.10]

[Page 348]
 
                  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. 354.10  Additional provisions.

    (a) Additional requirements. In any case or any class of cases 
arising under these regulations, Sallie Mae may require such additional 
evidence and a bond of indemnity, with or without surety, as may in the 
judgment of Sallie Mae be necessary for the protection of the interests 
of Sallie Mae.
    (b) Notice of attachment for Sallie Mae Securities in Book-entry 
System. The interest of a debtor in a Security Entitlement may be 
reached by a creditor only by legal process upon the Securities 
Intermediary with whom the debtor's securities account is maintained, 
except where a Security Entitlement is maintained in the name of a 
secured party, in which case the debtor's interest may be reached by 
legal process upon the secured party. The regulations in this part do 
not purport to establish whether a Federal Reserve Bank is required to 
honor an order or other notice of attachment in any particular case or 
class of cases.

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