FEDERAL · 31 U.S.C. · Chapter SUBCHAPTER I—DEPOSITS AND DEPOSITARIES

Transfers of public money from depositaries

31 U.S.C. § 3304
Title31Money and Finance
ChapterSUBCHAPTER I—DEPOSITS AND DEPOSITARIES

This text of 31 U.S.C. § 3304 (Transfers of public money from depositaries) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
31 U.S.C. § 3304.

Text

The Secretary of the Treasury may transfer public money in the possession of a depositary—

(1)to the Treasury; and
(2)if the Secretary believes the safety of the public money and convenience require it, to another depositary.

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History

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 949.)

Editorial Notes

In the section, before clause (1), the words "except as provided in section 523 of this title" are omitted as superseded by title 39. The words "of the United States, to the credit of the Treasurer" are omitted as unnecessary. In clause (2), the words "if the Secretary believes the safety of the public money and convenience require it" are substituted for "as the safety of the public moneys and the convenience of the public service shall seem to him to require" for clarity and to eliminate unnecessary words.

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Bluebook (online)
31 U.S.C. § 3304, Counsel Stack Legal Research, https://law.counselstack.com/usc/31/3304.