31-U.S.C.-3341

31-U.S.C.-3341

§3341 – Sale of Government Warrants, Checks, Drafts, and Obligations

Pathway

Title 31 > Subtitle III > Chapter 33 > Subchapter III > Section 3341

Details

  • Reference: Section 3341
  • Legend: §3341 – Sale of Government Warrants, Checks, Drafts, and Obligations
  • USCode Year: 2013

Provision Content

(a) A disbursing official of the United States Government may sell a Government warrant, check, draft, or obligation not the property of the official at a premium, or dispose of the proceeds of the warrant, check, draft, or obligation, only if the official deposits the premium and the proceeds in the Treasury or with a depositary for the credit of the Government.

(b) A disbursing official violating subsection (a) of this section shall be dismissed immediately.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 956.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
3341(a) 31:544(words before last semicolon). R.S. §3652.
3341(b) 31:544(words after last semicolon).

In subsection (a), the words disbursing official are substituted for officer for clarity and consistency in the revised title. The words either directly or indirectly and or dispose of to any person are omitted as surplus. The words Government warrant, check, draft, or obligation are substituted for Treasury note, draft, warrant, or other public security for consistency in the revised title. The words or sell . . . avails or . . . in his hands for disbursement are omitted as surplus. The words only if the official deposits the premium and the proceeds in the Treasury or with a depositary are substituted for without making return of such premium, and accounting therefor by charging the same in his account for clarity and consistency in the chapter.

In subsection (b), the words from office are omitted as unnecessary.

U.S. Encyclopedia of Law Coverage

31-U.S.C.-3330 in the Legal Encyclopedia: Financial Management

In this entry about 31-U.S.C.-3330, 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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