31 CFR · Money and Finance: Treasury
§ 340.11 — Failure to complete transaction.
31 CFR § 340.11
TitleTitle 31: Money and Finance: TreasuryPartPart 340: Regulations Governing the Sale of Treasury Bonds Through Competitive Bidding
SourceeCFR (current through Mar 30, 2026)
This text of 31 C.F.R. § 340.11 (Failure to complete transaction.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
31 C.F.R. § 340.11 (2026).
Text
§ 340.11 Failure to complete transaction.
If any successful bidder shall fail to pay in full for the bonds on the date and at the place specified in the invitation, the money deposited by or in behalf of such bidder shall be forfeited to the Treasury Department.
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Bluebook (online)
31 C.F.R. § 340.11, Counsel Stack Legal Research, https://law.counselstack.com/cfr/31/340/340.11.