Eligible Book-Entry Sallie Mae Security Law and Legal Definition

According to 31 CFR 354.1 [Title 31 -- Money and Finance: Treasury; Subtitle B -- Regulations Relating to Money and Finance; Chapter II -- Fiscal Service, Department of the Treasury; Subchapter B -- Bureau of the Public Debt; Part 354 -- Regulations Governing Book-Entry Securities of the Student Loan Marketing Association (Sallie Mae)], eligible book-entry sallie mae security means “a book-entry sallie mae security issued or maintained in the Book-entry System which by the terms of its Security Documentation is available in either definitive or book-entry form.”