Subsequent holders.

CFR · 2024-01-01 · US · Title 7

(a) (b) (2) Persons who submit to CCC, in accordance with this section, certificates with an expiration date of May 31, 1989 or later shall receive a payment equal to 50 percent of the certificate's face value if such certificate is submitted within the period which: (i) Begins 6 months and one day after the expiration date specified on the certificate and (ii) Ends 18 months after such expiration date. (3) Persons who submit to CCC in accordance with this section certificates with an expiration date of May 31, 1989 or later shall receive a payment equal to 85 percent of the certificate's face value if such certificate is submitted within the period which: (i) Begins the day after the expiration date specified on the certificate and (ii) Ends 6 months after such expiration date. (c) (d) (i) Concealing information which affects the application of this section; (ii) Submitting false or erroneous information; (iii) Creating fictitious entities for the purpose of evading the application of this section. (2) No payment shall be paid to a person which is in excess of the amount which the person paid for the certificate. (e) (1) Submit certificates with an expiration date of May 31, 1989, or later with a completed Form CCC-8 to CCC postmarked by May 28, 1991; (2) Submit no earlier than January 2, 1991 all certificates and Forms CCC-8 to CCC by mail at the following address: CCC Expired Certificate Exchange, Attn: Claims and Collections Division, P.O. Box 419205, Kansas City, Missour

official document · source cfr-2024 · id 7:§ 1401.8