31 CFR · Money and Finance: Treasury
§ 340.7 — Deposits—retention—return.
31 CFR § 340.7
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. § 340.7 (Deposits—retention—return.) 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. § 340.7 (2026).
Text
§ 340.7 Deposits—retention—return.
Each bid must be accompanied by a deposit in the amount specified in the public notice. The deposit of any successful bidder will be retained as security for the performance of his obligation and will be applied toward payment of the bonds. All other deposits will be returned immediately. No interest will be allowed on account of any deposits.
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Nearby Sections
11
§ 340.2
Denominations and exchanges.§ 340.3
Taxation.§ 340.5
Notice of intent to bid.§ 340.6
Submission of bids.§ 340.7
Deposits—retention—return.§ 340.8
Acceptance of bids.§ 340.11
Failure to complete transaction.Cite This Page — Counsel Stack
Bluebook (online)
31 C.F.R. § 340.7, Counsel Stack Legal Research, https://law.counselstack.com/cfr/31/340/340.7.