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2021 US Code
Title 40 - Public Buildings, Property, and Works
Subtitle VI - Miscellaneous
Chapter 173 - Government Losses in Shipment
Sec. 17306 - Agreements of indemnity

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Citation 40 U.S.C. § 17306 (2021)
Section Name §17306. Agreements of indemnity
Section Text

(a) Definition.—In this section, the term "Federal Government" includes wholly owned Government corporations, and officers and employees of the Government or its executive departments, independent establishments, and agencies while acting in their official capacity.

(b) Authority To Make Agreement.—The Secretary of the Treasury may make and deliver, on behalf of the Federal Government, a binding agreement of indemnity the Secretary considers necessary and proper to enable the Government to obtain the replacement of any instrument or document—

(1) received by the Government or an agent of the Government in the agent's official capacity; and

(2) which, after having been received, is lost, destroyed, or so mutilated as to impair its value.


(c) When Federal Government Not Obligated.—The Government is not obligated under an agreement of indemnity if the obligee named in the agreement makes a payment or delivery not required by law on the original of the instrument or document covered by the agreement.

(d) Use of Fund for the Payment of Government Losses in Shipment.—The fund described in section 17303 of this title is available to pay any obligation arising out of an agreement the Secretary makes under this section.
Source Credit

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1282.)
Editorial Notes
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
17306(a) 40:729(a) (last sentence). July 8, 1937, ch. 444, §7(a) (last sentence), 50 Stat. 480; Aug. 10, 1939, ch. 665, §3, 53 Stat. 1359.
17306(b) 40:725 (1st sentence words before proviso). July 8, 1937, ch. 444, §3b, as added Aug. 10, 1939, ch. 665, §2, 53 Stat. 1359.
17306(c) 40:725 (1st sentence proviso).
17306(d) 40:725 (last sentence).

Publication Title United States Code, 2018 Edition, Supplement 3, Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
SUBTITLE VI - MISCELLANEOUS
CHAPTER 173 - GOVERNMENT LOSSES IN SHIPMENT
Sec. 17306 - Agreements of indemnity
Contains section 17306
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law Yes
Disposition standard
Statutes at Large References 50 Stat. 480
53 Stat. 1359
116 Stat. 1282
Public Law References Public Law 107-217
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