31-U.S.C.-3127

§3127 – Credit to officers, Employees, and Agents For Stolen Treasury Notes

Pathway

Title 31 > Subtitle III > Chapter 31 > Subchapter II > Section 3127

Details

• Reference: Section 3127
• Legend: §3127 – Credit to officers, Employees, and Agents For Stolen Treasury Notes
• USCode Year: 2013

Provision Content

When an officer, employee, or agent of the United States Government authorized to receive, redeem, or cancel Treasury notes receives or pays a note that was stolen and put in circulation after it had been received or redeemed by an officer, employee, or agent authorized to receive or redeem the note, the Secretary of the Treasury may allow the officer, employee, or agent receiving or paying the stolen note a credit for the amount of the note. The Secretary may allow the credit only if the Secretary is satisfied that the note was received or paid in good faith and in exercising ordinary prudence.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 947.)

The word employee is added for consistency with other titles of the United States Code. The words of the United States Government are added for clarity and consistency. The word duly is omitted as surplus. The words issued by authority of law are omitted as unnecessary. The words which has subsequently thereto are omitted as unnecessary. The words is satisfied are substituted for upon full and satisfactory proof to eliminate unnecessary words.

U.S. Encyclopedia of Law Coverage

31-U.S.C.-3105 in the Legal Encyclopedia: Public Finance

In this entry about 31-U.S.C.-3105, find legal reference material, bibliographies and premiere content related to public finance in the American Encyclopedia of Law, presenting a comprehensive view of the United States public finance-specific issues, written by authorities in the field.

31-U.S.C.-3123 in the Legal Encyclopedia: Financial Management

In this entry about 31-U.S.C.-3123, find legal reference material, bibliographies and premiere content related to financial management in the American Encyclopedia of Law, presenting a comprehensive view of the United States financial management-specific issues, written by authorities in the field.

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