31 CFR § 306.16
Exchanges of registered securities
July 31, 2023
§ 306.16 Exchanges of registered securities.
No assignments will be required for:
(a) Authorized denominational exchanges of registered securities for like securities in the same names and forms of registration and
(b) Redemption-exchanges, or prefundings, or advance refundings in the same names and forms as appear in the registration or assignments of the securities surrendered.