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§ 363.12 Who may purchase and hold book-entry securities in TreasuryDirect ®?
(a) A TreasuryDirect account owner may purchase and hold securities through his or her account.
(b) We do not permit a legally incompetent person to open an account, purchase securities, or convert savings bonds once we have been provided with an order from a court with appropriate jurisdiction determining incompetence to perform such activities.