31 CFR § 357.30 - Cases of delay or suspension of payment.
---
identifier: "/us/cfr/t31/s357.30"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 357.30 - Cases of delay or suspension of payment."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "357.30"
section_name: "Cases of delay or suspension of payment."
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "357"
part_name: "REGULATIONS GOVERNING BOOK-ENTRY TREASURY BONDS, NOTES AND BILLS HELD IN TREASURY/RESERVE AUTOMATED DEBT ENTRY SYSTEM (TRADES) AND LEGACY TREASURY DIRECT"
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: "51 FR 18265, May 16, 1986, unless otherwise noted."
cfr_part: "357"
---
# 357.30 Cases of delay or suspension of payment.
If evidence required by the Department in support of a transaction request is not received by the Department at least ten (10) business days before the maturity date of the security, or if payment at maturity has been suspended pursuant to 31 CFR 370.10, in cases of reinvestment, the Department will redeem the security and hold the redemption proceeds in the same form of registration as the security redeemed, pending further disposition. No other interest shall accrue or be paid on such proceeds after the security is redeemed.
[64 FR 40487, July 26, 1999]