353.2—Definitions.
(a)
Bond, or Series EE or HH savings bond, as used in this part, means a definitive United States Savings Bond of Series EE or HH.
(b)
Converted bond means a savings bond originally issued as a definitive bond that has been surrendered to us and converted to a book-entry savings bond to be maintained by Treasury solely as a computer record.
(c)
Incompetent means an individual who is incapable of handling his or her business affairs because of a legal, mental or medical disability, except that a minor is not an incompetent solely because of age.
(e)
Issuing agent means an organization that has been qualified under the provisions of Department of the Treasury Circular, Public Debt Series No. 4-67, current revision ( 31 CFR part 317 ), to issue savings bonds.
(f)
Paying agent means a financial institution that has been qualified under the provisions of Department of the Treasury Circular No. 750, current revision ( 31 CFR part 321 ), to make payment of savings bonds.
(h)
Person means any legal entity including, but without limitation, an individual, corporation (public or private), partnership, unincorporated association, or fiduciary estate.
(i)
Personal trust estates means trust estates established by natural persons in their own right for the benefit of themselves or other natural persons in whole or in part, and common trust funds comprised in whole or in part of such trust estates.
(j)
Registration means that the names of all persons named on the bond and the taxpayer identification number (TIN) of the owner, first-named coowner, or purchaser of a gift bond are maintained on our records.
(k)
Reissue means the cancellation and retirement of a bond and the issuance of a new bond or bonds of the same series, same issue date, and same total face amount.
(l) Representative of the estate of a minor, incompetent, aged person, absentee, et al.
means the court-appointed or otherwise qualified person, regardless of title, who is legally authorized to act for the individual. The term does not include parents in their own right, voluntary or natural guardians, or the executors or administrators of decedents' estates.
(m)
Surrender means the actual receipt of a bond with an appropriate request for payment or reissue by either a Federal Reserve Bank or Branch, the Bureau of the Public Debt, or, if a paying agent is authorized to handle the transaction, the actual receipt of the bond and the request for payment by the paying agent.
(n)
Taxpayer identifying number means a social security account number or an employer identification number.
(o)
Voluntary guardian means an individual who is recognized as authorized to act for an incompetent, as provided by § 353.64.
(p)
Voluntary representative means the person qualified by the Department of the Treasury to request payment or distribution of a decedent's savings bonds pursuant to § 353.71.