[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR357.15]

[Page 415]
 
                  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 HELD 
 
     Subpart B_Treasury/Reserve Automated Debt Entry System (TRADES)
 
Sec.  357.15  How can a debtor's interest in a Security Entitlement be reached 

by creditors?

    (a) The interest of a debtor may be reached by creditors only by 
legal process upon the Securities Intermediary with whom the debtor's 
securities account is maintained. Exception: If a Security Entitlement 
is maintained in the name of a secured party, the debtor's interest may 
be reached by legal process upon the secured party.
    (b) These regulations do not state whether a Federal Reserve Bank is 
required to honor an order or other notice of attachment in any 
particular case or class of cases.