31 CFR § 363.140 - May a zero-percent certificate of indebtedness be pledged or used as collateral?
---
identifier: "/us/cfr/t31/s363.140"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 363.140 - May a zero-percent certificate of indebtedness be pledged or used as collateral?"
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "363.140"
section_name: "May a zero-percent certificate of indebtedness be pledged or used as collateral?"
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "363"
part_name: "REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3102, 31 U.S.C. 3121,"
regulatory_source: "67 FR 64286, Oct. 17, 2002, unless otherwise noted."
cfr_part: "363"
---
# 363.140 May a zero-percent certificate of indebtedness be pledged or used as collateral?
A zero-percent certificate of indebtedness may not be pledged or used as collateral for the performance of an obligation.
[69 FR 50309, Aug. 16, 2004. Redesignated at 70 FR 57437, Sept. 30, 2005, and further redesignated at 75 FR 70816, Nov. 19, 2010]