US Laws, Codes, Statutes & Cases

From the U.S. Code Online via GPO Access
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[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
  January 7, 2003 and December 19, 2003]
[CITE: 31USC3720]

 
                       TITLE 31--MONEY AND FINANCE
 
                   SUBTITLE III--FINANCIAL MANAGEMENT
 
                           CHAPTER 37--CLAIMS
 
          SUBCHAPTER II--CLAIMS OF THE UNITED STATES GOVERNMENT
 
Sec. 3720. Collection of payments

    (a) Each head of an executive agency (other than an agency subject 
to section 9 of the Act of May 18, 1933 (48 Stat. 63, chapter 32; 16 
U.S.C. 831h)) shall, under such regulations as the Secretary of the 
Treasury shall prescribe, provide for the timely deposit of money by 
officials and agents of such agency in accordance with section 3302, and 
for the collection and timely deposit of sums owed to such agency by the 
use of such procedures as withdrawals and deposits by electronic 
transfer of funds, automatic withdrawals from accounts at financial 
institutions, and a system under which financial institutions receive