FEDERAL · 40 U.S.C. · Chapter 173
Fund for the payment of Government losses in shipment
40 U.S.C. § 17303
Title40 — Public Buildings, Property, and Works
Chapter173 — GOVERNMENT LOSSES IN SHIPMENT
This text of 40 U.S.C. § 17303 (Fund for the payment of Government losses in shipment) 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
40 U.S.C. § 17303.
Text
(a)Establishment.—There is a revolving fund in the Treasury known as "the fund for the payment of Government losses in shipment".
(b)Use.—The fund shall be used for the replacement of valuables, or the value of valuables, lost, destroyed, or damaged while being shipped in accordance with regulations prescribed under section 17302 of this title.
(c)Unavailability.—The fund is not available with respect to any loss, destruction, or damage affecting valuables—
(1)that relates to property of the United States Postal Service that is chargeable to its officers or employees; or
(2)of which shipment shall have been made at the risk of persons other than the Federal Government and the executive departments, independent establishments, agencies, wholly owned Government corporations, officers an
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Related
§ 17302
40 U.S.C. § 17302
Source Credit
History
(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1281.)
Editorial Notes
In subsection (a), the words "(hereinafter referred to as 'the fund')" are omitted as unnecessary.
In subsection (b), the text of 40:723 (2d sentence 2d proviso) is omitted as obsolete.
In subsection (e), the text of 40:722 (1st sentence words before 5th comma, 2d sentence, 3d sentence words after 2d comma, and last sentence) and the words "Beginning in fiscal year 1995 and thereafter" in 40:722a are omitted as obsolete. The words "for the fund" are substituted for "to make payments for the replacement of valuables, or the value thereof, lost, destroyed, or damaged in the course of shipments effected pursuant to section 721 of this title" for clarity and to eliminate unnecessary words.
In subsection (b), the text of 40:723 (2d sentence 2d proviso) is omitted as obsolete.
In subsection (e), the text of 40:722 (1st sentence words before 5th comma, 2d sentence, 3d sentence words after 2d comma, and last sentence) and the words "Beginning in fiscal year 1995 and thereafter" in 40:722a are omitted as obsolete. The words "for the fund" are substituted for "to make payments for the replacement of valuables, or the value thereof, lost, destroyed, or damaged in the course of shipments effected pursuant to section 721 of this title" for clarity and to eliminate unnecessary words.
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Bluebook (online)
40 U.S.C. § 17303, Counsel Stack Legal Research, https://law.counselstack.com/usc/40/17303.