31 CFR § 306.23 - Securities eligible to be held in the Legacy Treasury Direct® Book-entry Securities System.

---
identifier: "/us/cfr/t31/s306.23"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 306.23 - Securities eligible to be held in the Legacy Treasury Direct® Book-entry Securities System."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "306.23"
section_name: "Securities eligible to be held in the Legacy Treasury Direct® Book-entry Securities System."
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "306"
part_name: "GENERAL REGULATIONS GOVERNING U.S. SECURITIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "31 U.S.C. Chapter 31; 5 U.S.C. 301; 12 U.S.C. 391."
regulatory_source: "38 FR 7078, Mar. 15, 1973, unless otherwise noted."
cfr_part: "306"
---


# 306.23 Securities eligible to be held in the Legacy Treasury Direct® Book-entry Securities System.

(a) *Eligible issues.* The Secretary has published in the *Federal Register* notices describing Treasury issues of bonds and notes issued before August 1, 1986, that are eligible for conversion to the Legacy Treasury Direct book-entry securities system.

(b) *Conversion of Registered Security to book-entry form to be held in Legacy Treasury Direct.* To convert a registered security to book-entry form to be held in Legacy Treasury Direct, the owner must contact the Bureau of the Fiscal Service, P.O. Box 426, Parkersburg, West Virginia 26106-0426, for instructions. A security that has been converted to book-entry form in Legacy Treasury Direct shall be subject to subpart C and other applicable portions of 31 CFR part 357, and the provisions of 31 CFR part 306 shall no longer apply.

(c) Securities held under subpart O of this part may not be transferred to Legacy Treasury Direct.

[76 FR 18063, Apr. 1, 2011]