31 CFR §240.16
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Checks in payment of principal and/or interest on U.S. securities that are issued to minors may be indorsed by:
- (b)The parent or other person indorsing on behalf of the minor must present with the check the indorser's signed statement giving the minor's age, and stating that the payee either resides with the parent or receives his or her chief support from the person indorsing on the minor's behalf and that the proceeds of the check will be used for the minor's benefit.