31 CFR §357.25
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)General. The Department will not recognize any notice or claim of a lien, encumbrance, or security interest of any kind, including a pledge, in a security in Legacy Treasury Direct ® except as provided in § 357.23 and in paragraph (b) of this section.
- (b)Security for the performance of duty or obligation under Federal law. The Department will accept and hold pursuant to the provisions of 31 U.S.C. 9303, book-entry bonds, notes or bills submitted in lieu of a surety bond as security for the performance of a duty or obligation required by Federal law in accordance with said section.