Full text of District Notices (Federal Reserve Bank of Dallas) : [First Amendment to Treasury Department Circular No. 530 Regulations Governing U. S. Savings Bonds]

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FEDERAL RESERVE BANK OF DALLAS
F I S C A L A G E N T O F T H E U N IT E D S T A T E S

Dallas, Texas, July 8, 1941

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:
There is enclosed a copy of the First Amendment, dated, June 26, 1941,
to Treasury Department Circular No. 530, Fourth Revision, dated April 15,
1941, “ Regulations Governing United States Savings Bonds.”
The two provisos in Section 315.2, paragraph (c )(2 ), have been elim­
inated, giving greater latitude in the purchases of Defense Savings Bonds
of Series F and Series G for trust estates.
Section 315.13, paragraph (c) (3), has been amended to also provide for
payment or reissue in the name of a former ward upon his own request
when supported by satisfactory proof that disability has been removed.
Please file for ready reference with Treasury Department Circular No.
530, Fourth Revision, which was mailed to you with our general letter of
May 2, 1941.

Yours very truly,

R. R. GILBERT
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

REGULATIONS GOVERNING UNITED STATES SAVINGS BONDS
1941
F irst A m endm ent to
D epartm ent C ircular N o. 530
Fourth Revision
F iscal Service
Bureau o f the P ublic Debt

TREASURY DEPARTMENT,
O f f ic e

of th e

Secretary,

Washington, June 26,19hi .
To

Ow

n er s of

U

n it e d

S t a t e s S a v in g s B o n d s ,

and

Oth ers Concerned :

Sections 315.2 (c) (2) , first sentence, and 315.13 (c) (3) o f Department Circular No. 530,
Fourth Revision, dated April 15, 1941, are hereby revised to read as follows:

“ Section 315.2 (c) (2 ).— In the names of fiduciaries of a single duly constituted and wholly
independent trust estate considered as an entity in one o f the forms set forth in the following
subparagraphs.”
“Section 315.13 (c) (3). Upon termination of guardianship estate.— A savings bond reg­
istered in the name of a guardian or similar legal representative of the estate of a minor or
incompetent, if the estate is terminated during the ward’s lifetime, will be reissued in the name
o f the former ward upon the representative’s request and certification that the former ward is
entitled and has agreed to reissue in his name, or will be paid to or reissued in the name of the
former ward upon his own request, supported in either case by satisfactory proof that his dis­
ability has been removed. Certification by the representative that a former minor has attained
his majority, or that the legal disability of a female ward has been removed by marriage, if the
State law so provides, will ordinarily be accepted as sufficient, but if the disability is removed by
court order a duly certified copy o f the order will be necessary. Upon the death of the ward a
bond registered in the name of his guardian or similar representative will be reissued in accord­
ance with the provisions of Section 315.16 as though it were registered in the name of the ward
alone.”
HENRY MORGENTHAU, Jr.,

Secretary of the Treasury.

(Filed with the Division of the Federal Register, June 28, 1941)

U. S. GOVERNM
ENT PRINTING OFFICE

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