31 CFR 358.5 - Which bearer corpora or detached bearer coupons are eligible for conversion to non-transferable BECCS or CUBES securities?

Beta! The text on the eCFR tab represents the unofficial eCFR text at ecfr.gov.
§ 358.5 Which 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.