2014 US Code
Title 40 - Public Buildings, Property, and Works (Sections 101 - 18304)
Subtitle VI - Miscellaneous (Sections 17101 - 18304)
Chapter 173 - Government Losses in Shipment (Sections 17301 - 17309)
Sec. 17306 - Agreements of indemnity
Publication Title | United States Code, 2012 Edition, Supplement 2, 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 | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | Yes |
Disposition | standard |
Source Credit | Pub. L. 107-217, Aug. 21, 2002, 116 Stat. 1282. |
Statutes at Large References | 50 Stat. 480 53 Stat. 1359 116 Stat. 1282 |
Public and Private Laws | Public Law 107-217 |
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(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.
(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1282.)
Revised Section | Source (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). |
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