§ 358.5Which bearer corpora or detached bearer coupons are eligible for conversion to non-transferable BECCS or CUBES securities?
If all of the callable coupons associated with the corpus are not submitted with the corpus, the corpus will be converted to a non-transferable BECCS security. Any remaining callable coupons submitted with the corpus will be converted to individual non-transferable CUBES securities.
Title 31 published on 2013-07-01
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