Browse Arkansas Code titles and sections

31 U.S.C. § 3334 — Cancellation and proceeds distribution of Treasury checks

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3334 — Cancellation and proceeds distribution of Treasury checks

**(a) In General.—** (1) The Secretary shall provide monthly to each agency that authorizes the issuance of Treasury checks a list of those checks issued for such agency on or after such effective date that have not been paid and have become more than 12 months old during the preceding month, beginning with the fourteenth month following the effective date of this section. (2) Such checks shall be canceled by the Secretary and the proceeds thereof shall be returned to the agency concerned and credited to the appropriation or fund account initially charged for the payment. **(b) Checks Issued Before Effective Date.—** (1) Not later than 18 months after the effective date of this section, the Secretary shall identify and cancel all Treasury checks issued before such effective date that have not been paid in accordance with [section 3328 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section3328&num=0&edition=prelim). (2) The proceeds from checks canceled pursuant to paragraph (1) shall be applied to eliminate the balances in accounts that represent uncollectible accounts receivable and other costs associated with the payment of checks and check claims by the Department of the Treasury on behalf of all payment certifying agencies. Any remaining proceeds shall be deposited to the miscellaneous receipts of the Treasury. **(c) No Effect on Underlying Obligation.—** Nothing in this section shall be construed to affect the underlying obligation of the United States, or any agency thereof, for which a Treasury check was issued.

Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 3334

Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: 11f4ee98372382dee774266d3748db2cf07b5d770dffba4c78646f5e75ddf393. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:record_usc_3ff5c73f2a43dac76aa5c43a
Source file: Laws/federal/codes/united-states-code/title-31/section-3334-cancellation-and-proceeds-distribution-of-treasury-checks--7df5d2072b.md
Pages: Not recorded – Not recorded
Passage SHA-256: 20e099d4d03030b64f358a4c740792922a31237969d45710cda0e794c8711c93

Source location: Title 31, Chapter 33, § 3334; chapter-033-depositing-keeping-and-paying-money.md

Stored source content

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3328 — Paying checks and drafts

**(a) Time Limit on Treasury Checks.—** (1) **In general.—** — Except as provided in sections 3329 and 3330 of this title— (A) the Secretary shall not be required to pay a Treasury check issued on or after the effective date of this section unless it is negotiated to a financial institution within 12 months after the date on which the check was issued; and (B) the Secretary shall not be required to pay a Treasury check issued before the effective date of this section unless it is negotiated to a financial institution within 12 months after such effective date. (2) **Deferral pending settlement.—** — Notwithstanding the time limitations imposed by paragraph (1), if the Secretary is on notice of a question of law or fact about whether a Treasury check is properly payable when the check is presented for payment, the Secretary may defer payment on such check until the question is settled. (3) Nothing in this subsection shall be construed to affect the underlying obligation of the United States, or any agency thereof, for which a Treasury check was issued. **(b)** (1) If a check issued by a disbursing official and drawn on a designated depositary is not paid by the last day of the fiscal year after the fiscal year in which the check was issued, the amount of the check is— (A) withdrawn from the account with the depositary; and (B) deposited in the Treasury for credit to a consolidated account of the Treasury. (2) A claim for the proceeds of an unpaid check under this subsection may be paid from a consolidated account by a check drawn on the Treasury. **(c)** A limitation imposed on a claim against the United States Government under [section 3702 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section3702&num=0&edition=pr

Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 3328

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 226 — “Federal Reserve Act”

The short title of the Act of December 23, 1913, ch. 6, 38 Stat. 251, shall be the “Federal Reserve Act.”

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 226

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3334 — Cancellation and proceeds distribution of

Page 250 TITLE 31—MONEY AND FINANCE § 3333 ‘‘(a) IN GENERAL.—The Office of Personnel Manage- ment shall take such measures as may be appropriate to ensure that all employees who receive their pay by electronic funds transfer shall be given the option of re- ceiving their pay stubs electronically. ‘‘(b) DEFINITIONS.—For purposes of this section— ‘‘(1) the term ‘electronic funds transfer’ has the meaning given such term by section 3332 of title 31, United States Code; ‘‘(2) the term ‘employee’ means an individual em- ployed in or under an Executive agency; and ‘‘(3) the term ‘Executive agency’ has the meaning given such term by section 105 of title 5, United States Code.’’ § 3333. Relief for payments made without neg- ligence (a)(1) The Secretary of the Treasury is not lia- ble for a payment made by the Secretary or de- positary in due course and without negligence, of— (A) a check, draft, or warrant drawn on the Treasury or the depositary; (B) an electronic payment issued by the Treasury or the depositary; and (C) a debt obligation guaranteed or assumed by the United States Government. (2) The Comptroller General shall credit the accounts of the Treasury or the depositary for the payment. (3) The amount of the relief and the amount of any relief granted to an official or agent of the Department of the Treasury under 31 U.S.C. 3527, shall be charged to the Check Forgery Insurance Fund (31 U.S.C. 3343). A recovery or repayment of a loss for which replacement is made out of the fund shall be credited to the fund and is available for the purposes for which the fund was established. (b) This section does not relieve another indi- vidual from civil or criminal liability for a check, draft, warrant, or debt obligation of the Government. (Pub. L. 9

Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 3334

Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.