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§ 359.67 Does Fiscal Service prohibit the issuance of Series I savings bonds in a chain letter scheme?

31 CFR 359.67

Citation31 CFR 359.67
CorpusDaily eCFR
Displayed edition2026-09-10
Last updated2026-09-10

§ 359.67 Does Fiscal Service prohibit the issuance of Series I savings bonds in a chain letter scheme?

We do not permit bonds to be issued in a chain letter or pyramid scheme. We authorize an issuing agent to refuse to issue a bond or accept a purchase order if there is reason to believe that a purchase is connected with a chain letter. The agent's decision is final.