2011 US Code
Title 31 - Money and Finance
Subtitle III - FINANCIAL MANAGEMENT (§§ 3101 - 3907)
Chapter 33 - DEPOSITING, KEEPING, AND PAYING MONEY (§§ 3301 - 3343)
Subchapter III - MISCELLANEOUS (§§ 3341 - 3343)
Section 3341 - Sale of Government warrants, checks, drafts, and obligations
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 31 - MONEY AND FINANCE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 31 - MONEY AND FINANCE SUBTITLE III - FINANCIAL MANAGEMENT CHAPTER 33 - DEPOSITING, KEEPING, AND PAYING MONEY SUBCHAPTER III - MISCELLANEOUS Sec. 3341 - Sale of Government warrants, checks, drafts, and obligations |
| Contains | section 3341 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 956. |
| Statutes at Large Reference | 96 Stat. 956 |
| Public Law Reference | Public Law 97-258 |
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(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.)
| 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.
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