---identifier: "/us/cfr/t31/s308.1"source: "ecfr"legal_status: "authoritative_unofficial"title: "31 CFR § 308.1 - Issue."title_number: 31title_name: "Money and Finance: Treasury"section_number: "308.1"section_name: "Issue."chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"subchapter_number: "A"subchapter_name: "BUREAU OF THE FISCAL SERVICE"part_number: "308"part_name: "GENERAL REGULATIONS GOVERNING FULL-PAID INTERIM CERTIFICATES"positive_law: falsecurrency: "2026-04-05"last_updated: "2026-04-05"format_version: "1.1.0"generator: "[email protected]"authority: "80 Stat. 379; sec. 8. 50 Stat. 481, as amended; secs. 1, 18, 5, 40 Stat. 288, as amended, 1309, as amended, 290, as amended; sec. 32, 30 Stat. 466, as amended; 5 U.S.C. 301; 31 U.S.C. 738a, 752, 753, 754, 756."regulatory_source: "6 FR 5289, Oct. 17, 1941, unless otherwise noted."cfr_part: "308"---
Identifier
/us/cfr/t31/s308.1
Currency
2026-04-05
Positive Law
No
Updated
2026-04-05
Chapter
Fiscal Service, Department of the Treasury
Authority
80 Stat. 379; sec. 8. 50 Stat. 481, as amended; secs. 1, 18, 5, 40 Stat. 288, as amended, 1309, as amended, 290, as amended; sec. 32, 30 Stat. 466, as amended; 5 U.S.C. 301; 31 U.S.C. 738a, 752, 753, ... 80 Stat. 379; sec. 8. 50 Stat. 481, as amended; secs. 1, 18, 5, 40 Stat. 288, as amended, 1309, as amended, 290, as amended; sec. 32, 30 Stat. 466, as amended; 5 U.S.C. 301; 31 U.S.C. 738a, 752, 753, 754, 756.
# 308.1 Issue.Federal Reserve Banks, as Fiscal Agents of the United States, and the Treasury Department may issue full-paid interim certificates in lieu of definitive securities, against full-paid allotments of subscriptions, when specifically authorized by the Secretary of the Treasury in connection with the issue, hereafter, to the public, of United States securities. Interim certificates shall be in such form, and in such denominations, as the Secretary of the Treasury may determine when an issue is authorized.