StacksVerified U.S. regulatory reference

31 CFR §363.12

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)A TreasuryDirect account owner may purchase and hold securities through his or her account.
  2. (b)We do not permit a legally incompetent person to open an account, purchase securities, or convert savings bonds once we have been provided with an order from a court with appropriate jurisdiction determining incompetence to perform such activities.
  3. (c)We do not permit a voluntary representative to purchase securities on behalf of the estate of a decedent.
  4. (d)We may reject any application for the purchase of a security, in whole or in part. We may refuse to issue a security in any case or class of cases, if we deem the action to be in the public interest. Our decision in any such respect is final.