31 CFR Ch. II (7–1–05 Edition)
account in determining the amount de-
ductible for Federal income tax pur-
poses. The name of the beneficiary, if
one is to be designated, will also be
shown in the inscription.
§ 341.3 Purchase of bonds.
(a) Agencies. Retirement Plan Bonds
may be purchased over-the-counter or
by mail from Federal Reserve Banks
and Branches and the Bureau of the
Public Debt, Washington, DC 20226.
Customers of commercial banks and
trust companies may be able to ar-
range for the purchase of the bonds
through such institutions, but only the
Federal Reserve Banks and Branches
and the Bureau of the Public Debt are
authorized to act as official agencies,
and the date of receipt of the applica-
tion and payment by an official agency
will govern the dating of the bonds
(b) Application. Applications for the
purchase of Retirement Plan Bonds
should be made on Form PD 3550, ac-
companied by a remittance to cover
the purchase price. Personal checks
will be accepted, subject to collection.
Checks or other forms of exchange,
should be drawn to the Federal Reserve
Bank or United States Treasury, as the
case may be. Checks payable by en-
dorsement are not acceptable.
(c) Delivery. Delivery of bonds will be
made in person, or by mail at the risk
and expense of the United States, at
the address given by the purchaser, but
only within the United States, its ter-
ritories and possessions, the Common-
wealth of Puerto Rico, and the Canal
Zone. No mail deliveries elsewhere will
be made. If the registered owner tem-
porarily resides abroad, the bonds will
be delivered to such address in the
United States as the purchaser directs.
§ 341.4 Proof of purchase.
At the time a Retirement Plan Bond
is issued, the issuing agent will furnish
therewith to the purchaser, and in
cases where the purchaser is different
from the person in whose name the
bond is inscribed, to the registered
owner as well, proof of the purchase on
Form PD 3550. The form will show the