2226

Seizure of U.S. Savings Bonds

Immediately following the seizure of U.S. Savings Bonds, the seizing agency should notify the Department of Treasury, by certified letter to the Bureau of Public Debt, Savings Bond Division, Parkersburg, W.V. 26106, listing the serial numbers, the bond denominations, the person(s) to whom the bonds are payable, and the reason for which the savings bonds were seized. The seizing agency also should provide the Marshals Service with a copy of this letter at the time the savings bonds are transferred for custody. The Marshals Service will accept custody of all savings bonds; maintain such bonds until forfeiture; and dispose of such bonds in accordance with established procedures. [cited in USAM 9-111.600]