[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: 31CFR357.29]

[Page 409-410]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 357--REGULATIONS GOVERNING BOOK-ENTRY TREASURY BONDS, NOTES AND BILLS (DEPARTMENT OF THE TREASURY CIRCULAR, PUBLIC DEBT SERIES NO. 2-86)--Table of Contents
 
   Subpart C--Treasury Direct Book-Entry Securities System (TREASURY 
                                 DIRECT)
 
Sec. 357.29  Time required for processing transaction request.

    For purposes of a transaction request affecting payment instructions 
with respect to a security, a proper request must be received not less 
than ten (10) business days preceding the next payment date. If a 
transaction request is received less than ten (10) business days 
preceding a payment date, the Department may in its discretion act on 
such request if sufficient time remains for processing. If a transaction 
request

[[Page 410]]

is received too late for completion of the requested transaction, the 
transaction request will be acted upon with respect to future payments 
only.

(Approved by the Office of Management and Budget under control number 
1535-0068)

[51 FR 18265, May 16, 1986, as amended at 62 FR 18694, Apr. 16, 1997]