Treasury Regulations · 26 CFR
§ 2.1-11. Time deposits.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 1
Cite as 26 CFR § 2.1-11
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Source
- T.D. 6820, 30 FR 6030, Apr. 29, 1965, unless otherwise noted.
- Issued under
- 26 U.S.C. § 1
- Length
- 92 words · about 1 min to read
Deposits in the construction reserve fund not invested in securities may be placed in time deposits when, in the judgment of the taxpayer, it is desirable and feasible so to do. The taxpayer shall promptly advise the Administration of any time deposit arrangements made with the depository. The Administration reserves the right at any time to require the termination or modification of any such arrangements. With prior approval of the Administration a time deposit may be made in a depository other than the one with which the construction reserve fund is established.
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 2 Maritime construction reserve fund
Nearby sections
- § 2.1-7 Circumstances permitting reimbursement from a construction reserve fund.
- § 2.1-8 Investment of funds in securities.
- § 2.1-9 Valuation of securities in fund.
- § 2.1-10 Withdrawals from fund.
- § 2.1-11 Time deposits.
- § 2.1-12 Election as to nonrecognition of gain.
- § 2.1-13 Deposit of proceeds of sales or indemnities.
- § 2.1-14 Deposit of earnings and receipts.
- § 2.1-15 Time for making deposits.