38 CFR § 11.88 - Cancellation of note.

---
identifier: "/us/cfr/t38/s11.88"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "38 CFR § 11.88 - Cancellation of note."
title_number: 38
title_name: "Pensions, Bonuses, and Veterans' Relief"
section_number: "11.88"
section_name: "Cancellation of note."
chapter_name: "DEPARTMENT OF VETERANS AFFAIRS"
part_number: "11"
part_name: "LOANS BY BANKS ON AND PAYMENT OF ADJUSTED SERVICE CERTIFICATES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "72 Stat. 1114; 38 U.S.C. 501. Rights and benefits are continued in effect by sec. 12(b), 72 Stat. 1264, 38 U.S.C. note prec. Part 1, unless otherwise noted."
cfr_part: "11"
---


# 11.88 Cancellation of note.

When a veteran's note is redeemed by the Department of Veterans Affairs, the note will be canceled and both the note and certificate will be retained in the files of the Department of Veterans Affairs until such time as settlement is made.