2015 US Code
Title 31 - Money and Finance (Sections 101 - 9705)
Subtitle III - Financial Management (Sections 3101 - 3907)
Chapter 33 - Depositing, Keeping, and Paying Money (Sections 3301 - 3343)
Subchapter I - Deposits and Depositaries (Sections 3301 - 3305)
Sec. 3304 - Transfers of public money from depositaries

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 31 - MONEY AND FINANCE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 31 - MONEY AND FINANCE
SUBTITLE III - FINANCIAL MANAGEMENT
CHAPTER 33 - DEPOSITING, KEEPING, AND PAYING MONEY
SUBCHAPTER I - DEPOSITS AND DEPOSITARIES
Sec. 3304 - Transfers of public money from depositaries
Containssection 3304
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawYes
Dispositionstandard
Source CreditPub. L. 97-258, Sept. 13, 1982, 96 Stat. 949.
Statutes at Large Reference96 Stat. 949
Public and Private LawPublic Law 97-258

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31 U.S.C. § 3304 (2015)
§3304. Transfers of public money from depositaries

The Secretary of the Treasury may transfer public money in the possession of a depositary—

(1) to the Treasury; and

(2) if the Secretary believes the safety of the public money and convenience require it, to another depositary.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 949.)

Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
3304 31:522. R.S. §3640.

In the section, before clause (1), the words "except as provided in section 523 of this title" are omitted as superseded by title 39. The words "of the United States, to the credit of the Treasurer" are omitted as unnecessary. In clause (2), the words "if the Secretary believes the safety of the public money and convenience require it" are substituted for "as the safety of the public moneys and the convenience of the public service shall seem to him to require" for clarity and to eliminate unnecessary words.

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