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Private registered bond for setoff non negotiable

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The document is a non-negotiable private registered bond valued at $100 billion, associated with a Certificate of Live Birth for John Henry Doe. It outlines the acceptance of the bond for value, its deposit to the U.S. Treasury, and instructions for using it as a set-off against any claims or taxes owed by Doe. The bond references legal frameworks including the Uniform Commercial Code and House Joint Resolution 192, stipulating that failure to return the bond within 30 days constitutes acceptance by the Treasury.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a bond registry?

The registration determines who gets the interest on the bond, who can cash the bond, who can change the registration later, who can do other tasks with the bond, and what happens if the owner dies.

How do you find out if you have a bond in your name?

The best way to find old savings bonds. Use the Treasury Hunt tool. Fill out Form 1048. Provide a certified signature. Mail your completed form. Decide what to do with your old savings bonds. Bottom line.

How much is a $10,000 savings bond worth?

A $500 Series EE savings bond is worth $1,000, if you hold it for 20 years. A $10,000 bond is worth $20,000 after 20 years.

What happens to a TreasuryDirect account when the owner dies?

If only one person is named on the bond and that person has died, the bond belongs to that persons estate. If two people are named on the bond and both have died, the bond belongs to the estate of the one who died last.

What is the meaning of bond registry?

Bond Registry means the books maintained by the Paying Agent for the Bonds of a Series pursuant to the Bond Resolution for the registration of the Bonds of such Series and Bondholders.

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What is a private registered bond?

A registered bond is a debt instrument whose bondholders information is kept on record with the issuing party. By archiving the owners name, address, and other details, issuers ensure theyre making the bonds coupon payments to the correct person.