Issuing agent

Issuing agent refers to an organization that has been qualified by a designated Federal Reserve Bank or the Commissioner of the Bureau of the Fiscal Service to sell savings bonds. An issuing agent acts as an agent of the purchaser in handling the remittance. The definition encompasses:
(1) Each organization that accepts and processes purchase orders for bonds sold over-the-counter, but does not inscribe bonds, and
(2) Each organization that is authorized to inscribe bonds sold over-the-counter.

Source

31 CFR § 317.1


Scoping language

None
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