[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: 31CFR357.29]

[Page 427]
 
                  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 C_Legacy Treasury Direct Book-Entry Securities System (Legacy 
                            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 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]