C.F.R. » Title 31 » CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY › SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE › PART 315—REGULATIONS GOVERNING U.S. SAVINGS BONDS, SERIES A, B, C, D, E, F, G, H, J, AND K, AND U.S. SAVINGS NOTES › Subpart K—Minors, Incompetents, Aged Persons, Absentees, et al.

31 C.F.R. § 315.62

Payment to minors

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

If the owner of a savings bond is a minor and the form of registration does not indicate that there is a representative of the minor's estate, payment will be made to the minor upon his or her request, provided the minor is of sufficient competency to sign the request for payment and to understand the nature of the transaction. In general, the fact that the request for payment has been signed by a minor and certified will be accepted as sufficient proof of competency and understanding.

Notes of Decisions
Cited in 5 cases, 1967–1981 · leading case: Succession of Guerre, 197 So. 2d 738 (La. Ct. App. 1967).
Sort: Relevance Newest Treatment
Succession of Guerre, 197 So. 2d 738 (La. Ct. App. 1967). · cites it 3× “Under United States Treasury Regulations, 31 C. F.R. § 315.62, the co-owner will be recognized as the sole and absolute owner upon the death of the other co-owner.”
Est. of Barnhart, 563 P.2d 972 (Colo. Ct. App. 1977). · cites it 2× “2d 492 (1969) (rights vest in all joint tenants at time joint tenancy created in real property); 31 C.F.R. § 315.62 (surviving co-owner of U.”
Succession of Videau, 197 So. 2d 655 (La. Ct. App. 1967). “These bonds were purchased and registered in the names of Jules L. Videau or Mrs. Irene Sellars Videau.”
Osterland v. Gates, 400 So. 2d 653 (La. 1981). “Alma Osterland Fey as co-owners. The federal regulations governing bonds issued in the name of co-owners provide that when either co-owner dies, "the survivor will be recognized as the sole and absolute owner.”
In re Est. of Yanowsky, 384 So. 2d 1297 (Fla. 2d DCA 1980). · cites it 2× “31 C.F.R. § 315.62 . 3 With respect to the marital residence, the court ruled that, having been held by decedents as a tenancy by the entirety, the residence was not homestead, 4 and that, upon the simultaneous death of the parents, it was to be divided one-half to each estate…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.