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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, March 25,1949

R EG U LATIO N S G O VER N IN G U N ITE D ST A T E S SA V IN G S BONDS

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:

There is enclosed a copy of the Fifth Amendment to Treasury Department Circular
No. 530, Sixth Revision. This amendment makes the following changes in the savings bond,
regulations:
Section 315.9. Subsection (d) (4) has been amended to provide that in computing
the amount of Series E Savings Bonds issued during any one calendar year that may be
held by any one person at any one time, there need not be taken into account any Series E
bonds purchased with the proceeds of maturing bonds of Series D-1939, where such Series
D bonds were presented by an individual (natural person in his own right) owner or
coowner for that purpose and the Series E bonds are registered in his name in any form
of registration authorized.
Section 315.45. Subsection (b) (1) has been changed by the Fifth Amendment to
permit reissue in the name of either coowner in any authorized form of registration upon
their joint request, where one of the coowners has married subsequent to the issue of the
bonds. Heretofore, reissue upon the joint request of the coowners under the terms of
Section 315.45 (b) (1) has been permitted only for the purpose of having the bonds reissued
in the name of the recently married coowner with the new wife or husband as coowner or
beneficiary.
Section 315.47. Subsection (c) has been expanded to authorize the use of Form PD
1946 in settlement-without-administration cases where the decedent’s estate does not hold
savings bonds in excess of $500 (maturity value).
Additional copies of the amendment will be furnished upon request.
FEDERAL RESERVE BANK OF DALLAS
Fiscal Agent of the United States

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


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