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31 USC CHAPTER 3 - DEPARTMENT OF THE TREASURY 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY . -HEAD- CHAPTER 3 - DEPARTMENT OF THE TREASURY -MISC1- SUBCHAPTER I - ORGANIZATION Sec. 301. Department of the Treasury. 302. Treasury of the United States. 303. Bureau of Engraving and Printing. 304. Bureau of the Mint. (FOOTNOTE 1) (FOOTNOTE 1) So in original. Does not conform to section catchline. 305. Federal Financing Bank. 306. Fiscal Service. 307. Office of the Comptroller of the Currency. 308. United States Customs Service. 309. Office of Thrift Supervision. 310. Continuing in office. SUBCHAPTER II - ADMINISTRATIVE 321. General authority of the Secretary. 322. Working capital fund. 323. Investment of operating cash. 324. Disposing and extending the maturity of obligations. 325. International affairs authorization. 326. Availability of appropriations for certain expenses. 327. Advancements and reimbursements for services. 328. Accounts and payments of former disbursing officials. 329. Limitations on outside activities. 330. Practice before the Department. 331. Reports. 332. Miscellaneous administrative authority. AMENDMENTS 1989 - Pub. L. 101-73, title III, Sec. 307(a)(2), Aug. 9, 1989, 103 Stat. 352, added item 309 and redesignated former item 309 as 310. 1984 - Pub. L. 98-302, Sec. 3(b), May 25, 1984, 98 Stat. 218, added item 332. -END- -CITE- 31 USC Sec. 301 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 301. Department of the Treasury -STATUTE- (a) The Department of the Treasury is an executive department of the United States Government at the seat of the Government. (b) The head of the Department is the Secretary of the Treasury. The Secretary is appointed by the President, by and with the advice and consent of the Senate. (c) The Department has a Deputy Secretary of the Treasury appointed by the President, by and with the advice and consent of the Senate. The Deputy Secretary shall carry out - (1) duties and powers prescribed by the Secretary; and (2) the duties and powers of the Secretary when the Secretary is absent or unable to serve or when the office of Secretary is vacant. (d) The Department has 2 Under Secretaries, 2 Deputy Under Secretaries, and a Treasurer of the United States, appointed by the President, by and with the advice and consent of the Senate. The Department also has a Fiscal Assistant Secretary appointed by the Secretary. They shall carry out duties and powers prescribed by the Secretary. The President may designate one Under Secretary as Counselor. When appointing each Deputy Under Secretary, the President may designate the Deputy Under Secretary as an Assistant Secretary. (e) The Department has 7 Assistant Secretaries appointed by the President, by and with the advice and consent of the Senate. The Assistant Secretaries shall carry out duties and powers prescribed by the Secretary. The Assistant Secretaries appointed under this subsection are in addition to the Assistant Secretaries appointed under subsection (d) of this section. (f)(1) The Department has a General Counsel appointed by the President, by and with the advice and consent of the Senate. The General Counsel is the chief law officer of the Department. Without regard to those provisions of title 5 governing appointment in the competitive service, the Secretary may appoint not more than 5 Assistant General Counsels. The Secretary may designate one of the Assistant General Counsels to act as the General Counsel when the General Counsel is absent or unable to serve or when the office of General Counsel is vacant. The General Counsel and Assistant General Counsels shall carry out duties and powers prescribed by the Secretary. (2) The President may appoint, by and with the advice and consent of the Senate, an Assistant General Counsel who shall be the Chief Counsel for the Internal Revenue Service. The Chief Counsel is the chief law officer for the Service and shall carry out duties and powers prescribed by the Secretary. (g) The Department shall have a seal. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 878; Pub. L. 98-594, Sec. 1(a), Oct. 30, 1984, 98 Stat. 3129; Pub. L. 99-190, Sec. 141, Dec. 19, 1985, 99 Stat. 1324.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 301(a) 31:1001(words before R.S. Sec. 233. 1st comma). 301(b) 31:1001(words after 1st comma). 301(c) 31:1004(related to Feb. 17, 1922, ch. Deputy Secretary). 55(related to appointment and duties of Deputy and Under Secretaries), 42 Stat. 366; July 22, 1954, ch. 557, Sec. 3, 68 Stat. 496; restated May 18, 1972, Pub. L. 92- 302, Sec. 1(a), 86 Stat. 148. Jan. 3, 1923, ch. 22(related to appointment and duties of Deputy and Under Secretaries), 42 Stat. 1087. Apr. 4, 1924, ch. 84(related to appointment and duties of Deputy and Under Secretaries), 43 Stat. 64. 31:1005. Feb. 17, 1922, ch. 55(related to vacancy in office of Secretary of the Treasury), 42 Stat. 366; restated May 18, 1972, Pub. L. 92-302, Sec. 1(a), 86 Stat. 149. Jan. 3, 1923, ch. 22(related to vacancy in office of Secretary of the Treasury), 42 Stat. 1087. Apr. 4, 1924, ch. 84(related to vacancy in office of Secretary of the Treasury), 43 Stat. 64. 301(d) 31:141. R.S. Sec. 301. 31:1004(related to Under Secretaries). 31:1005a(1st-3d May 18, 1972, Pub. sentences). L. 92-302, Sec. 1(b), 86 Stat. 149. 5 App. Reorg. Plan No. 3 of 1940, eff. June 30, 1940, Sec. 1(a)(7)(1st sentence), 54 Stat. 1231. 301(e) 31:1005a(last sentence). 31:1006. R.S. Sec. 234; July 11, 1890, ch. 667, Sec. 1(1st par. under heading ''Treasury Department''), 26 Stat. 236; Mar. 3, 1917, ch. 163, Sec. 1(1st par. under heading ''Treasury Department''), 39 Stat. 1083; Reorg. Plan No. 3 of 1940, eff. June 30, 1940, Sec. 1(d), 54 Stat. 1232; restated July 22, 1954, ch. 557, Sec. 4, 68 Stat. 496; July 8, 1963, Pub. L. 88-58, 77 Stat. 76; May 18, 1972, Pub. L. 92- 302, Sec. 1(c), 86 Stat. 149. 31:1007. R.S. Sec. 245. 301(f)(1) 26:7801(b)(1), Aug. 16, 1954, ch. (2)(last sentence), 736, Sec. 7801(b), (3). 68A Stat. 915; restated Sept. 22, 1959, Pub. L. 86- 368, Sec. 1, 73 Stat. 647; Aug. 14, 1964, Pub. L. 88- 426, Sec. 305(39), 78 Stat. 427; Oct. 4, 1976, Pub. L. 94- 455, Sec. 1906(b)(13)(B), 90 Stat. 1834. 31:1009. May 10, 1934, ch. 277, Sec. 512(a), (c), 48 Stat. 758, 759. 301(f)(2) 26:7801(b)(2)(1st, 2d sentences). 301(g) 31:1010(related to R.S. Sec. seal). 372(related to seal); May 10, 1934, ch. 277, Sec. 512(b), 48 Stat. 759. ------------------------------- In subsection (a), the words ''of the United States Government'' are added for clarity. In subsection (b), the words ''The Secretary is appointed by the President, by and with the advice and consent of the Senate'' are added to conform with clause 2, section 2, of article II of the Constitution. In subsection (c), the words ''carry out'' and ''duties and powers'' are substituted for ''perform'' and ''duties'', respectively, for consistency in the revised title and with other titles of the United States Code. In clause (1), the words ''in the Office of the Secretary'' in 31:1004 are omitted as unnecessary because of the restatement and for consistency. Clause (2) is substituted for 31:1005 to eliminate unnecessary words and for consistency with other titles of the Code. In subsection (d), the words ''in accordance with the civil-service laws'' in section 1(a)(7)(1st sentence) of Reorganization Plan No. 3 of 1940 (eff. June 30, 1940, 54 Stat. 1232) are omitted as unnecessary because of title 5. The words ''and shall receive a salary at the rate of $15,000 per annum'' are omitted as superseded by 5:5316. The words ''carry out'' and ''duties and powers'' are substituted for ''perform'' and ''duties'', respectively, in 31:1004 and 1005a for consistency in the revised title and with other titles of the Code. The words ''in the Office of the Secretary'' in 31:1004 are omitted as unnecessary because of the restatement and for consistency. The words ''of the Treasury'' in 31:1005a are omitted for consistency with other titles of the Code and as being unnecessary. In subsection (e), the words ''of the Treasury'' in 31:1006 and 1007 are omitted for consistency with other titles of the Code and as being unnecessary. The words ''examine letters, contracts, and warrants prepared for the signature of the Secretary of the Treasury'' and ''by law'' in 31:1007 are omitted as superseded by the source provisions restated in section 321 of the revised title. The words ''carry out'' and ''duties and powers'' are substituted for ''perform'' and ''duties'', respectively, for consistency in the revised title and with other titles of the Code. In subsection (f), the words ''carry out'' and ''duties and powers'' are substituted for ''perform'' and ''duties'', respectively, for consistency in the revised title and with other titles of the Code. The text of 26:7801(b)(3) is omitted as unnecessary because of 5:3101. The words ''is absent or unable to serve or when the office of General Counsel is vacant'' are substituted for ''during the absence of'' for clarity and consistency. The text of 31:1009(less (a)(6th sentence)) is omitted as superseded by 26:7801(b) as restated in this subsection. In subsection (f)(1), the words ''governing appointment in the competitive service'' are substituted for ''civil service laws'' to conform to 5:2102. In subsection (g), the words ''The General Counsel . . . shall have charge'' are omitted as superseded by the source provisions restated in subsection (b) of this section and section 321(c) of the revised title. -REFTEXT- REFERENCES IN TEXT The provisions of title 5 governing appointment in the competitive service, referred to in subsec. (f)(1), are classified generally to section 3301 et seq. of Title 5, Government Organization and Employees. -MISC2- AMENDMENTS 1985 - Subsec. (d). Pub. L. 99-190 substituted ''2 Under Secretaries'' for ''an Under Secretary, an Under Secretary for Monetary Affairs'' and ''The President may designate one Under Secretary as Counselor'' for ''When appointing the Under Secretary, the President may designate the Under Secretary as Counselor''. 1984 - Subsec. (e). Pub. L. 98-594 substituted ''7'' for ''5''. ESTABLISHMENT OF OFFICE OF THE UNDERSECRETARY FOR ENFORCEMENT Pub. L. 103-123, title I, Sec. 105, Oct. 28, 1993, 107 Stat. 1234, provided that: ''Notwithstanding any other provision of law, the Secretary of the Treasury shall establish an Office of the Undersecretary for Enforcement within the Department of the Treasury by no later than February 15, 1994.'' COMPENSATION AND EMOLUMENTS OF SECRETARY OF THE TREASURY AT LEVEL IN EFFECT ON JANUARY 1, 1989; ACTIONS CHALLENGING APPOINTMENT ON CONSTITUTIONAL GROUNDS Pub. L. 103-2, Jan. 19, 1993, 107 Stat. 4, provided: ''That (a) the compensation and other emoluments attached to the office of Secretary of the Treasury shall be those in effect January 1, 1989, notwithstanding any increase in such compensation or emoluments after that date under - ''(1) the Ethics Reform Act of 1989 (Public Law 101-194) (see Tables for classification) or any other provision of law amended by that Act; or ''(2) any other provision of law, or provision which has the force and effect of law, that is enacted or becomes effective during the period beginning at noon of January 3, 1989, and ending at noon of January 3, 1995. ''(b)(1) Any person aggrieved by an action of the Secretary of the Treasury may bring a civil action in the United States District Court for the District of Columbia to contest the constitutionality of the appointment and continuance in office of the Secretary of the Treasury on the ground that such appointment and continuance in office is in violation of article I, section 6, clause 2, of the Constitution. The United States District Court for the District of Columbia shall have exclusive jurisdiction over such a civil action, without regard to the sum or value of the matter in controversy. ''(2) Any claim challenging the constitutionality of the appointment and continuance in office of the Secretary of the Treasury on the ground that such appointment and continuance in office is in violation of article I, section 6, clause 2, of the Constitution, in an action brought under paragraph (1) shall be heard and determined by a panel of three judges in accordance with section 2284 of title 28, United States Code. It shall be the duty of the district court to advance on the docket and to expedite the disposition of any matter brought under this subsection. ''(3)(A) An appeal may be taken directly to the Supreme Court of the United States from any interlocutory or final judgment, decree, or order upon the validity of the appointment and continuance in office of the Secretary of the Treasury under article I, section 6, clause 2, of the Constitution, entered in any action brought under this subsection. Any such appeal shall be taken by a notice of appeal filed within 20 days after such judgment, decree, or order is entered. ''(B) The Supreme Court shall, if it has not previously ruled on the question presented by an appeal taken pursuant to subparagraph (A), accept jurisdiction over the appeal, advance the appeal on the docket, and expedite the appeal. ''(c) This joint resolution shall become effective at 12:00 p.m., January 20, 1993.'' DUTIES AND FUNCTIONS OF DEPARTMENT OF THE TREASURY Nothing in Pub. L. 101-576 (see Short Title of 1990 Amendment note set out under section 501 of this title) to be construed to interfere with exercise of functions, duties, and responsibilities of Department of the Treasury, as in effect immediately before Nov. 15, 1990, see section 204 of Pub. L. 101-576, set out as a note under section 501 of this title. DESIGNATION OF OFFICERS TO ACT AS SECRETARY OF THE TREASURY Designation of officers of Treasury Department to act as Secretary of Treasury, during any period when, by reason of absence, disability, or vacancy in office, either the Secretary of Treasury or his Deputy Secretary is not available to exercise the powers or perform the duties of the office of the Secretary, see Ex. Ord. No. 11822, Dec. 10, 1974, 39 F.R. 43275, set out as a note under section 3347 of Title 5, Government Organization and Employees. -CROSS- CROSS REFERENCES Classification and pay of employees, see sections 5101 et seq. and 5331 et seq. of Title 5, Government Organization and Employees. Compensation of Secretary and other officers, see section 5312 et seq. of Title 5. -SECREF- SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in section 306 of this title; title 12 section 1462a; title 26 section 7801. -END- -CITE- 31 USC Sec. 302 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 302. Treasury of the United States -STATUTE- The United States Government has a Treasury of the United States. The Treasury is in the Department of the Treasury. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 879.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 302 31:472. R.S. Sec. 3591. ------------------------------- The section is substituted for the source provisions to eliminate unnecessary words and because of subsequent laws and the restatement in the revised title about the authority of the Secretary of the Treasury and coins, currency, accounts, depositaries, and public debt of the United States Government. -END- -CITE- 31 USC Sec. 303 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 303. Bureau of Engraving and Printing -STATUTE- (a) The Bureau of Engraving and Printing is a bureau in the Department of the Treasury. (b) The head of the Bureau is the Director of the Bureau of Engraving and Printing appointed by the Secretary of the Treasury. The Director - (1) shall carry out duties and powers prescribed by the Secretary; and (2) reports directly to the Secretary. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 879.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 303 31:171. June 4, 1897, ch. 2, Sec. 1(4th proviso on p. 18), 30 Stat. 18. ------------------------------- In subsection (a), the words ''a bureau in the Department of the Treasury'' are added for clarity and consistency in chapter 3 of the revised title. In subsection (b), the first sentence is substituted for the words before the first comma because of the source provisions restated in section 321(c) of the revised title. Clause (1) is substituted for ''subject to the direction of the Secretary of the Treasury'' for consistency in the revised title and with other titles of the United States Code. The words ''and be responsible'' are omitted as being included in ''reports directly to'' and because of section 301 of the revised title. -END- -CITE- 31 USC Sec. 304 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 304. United States Mint -STATUTE- (a) The United States Mint is a bureau in the Department of the Treasury. (b)(1) The head of the Mint is the Director of the Mint. The Director is appointed by the President, by and with the advice and consent of the Senate. The term of the Director is 5 years. The President may remove the Director from office. On removal, the President shall send a message to the Senate giving the reasons for removal. (2) The Director shall carry out duties and powers prescribed by the Secretary of the Treasury. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 879; Pub. L. 102-390, title II, Sec. 225(a), (b)(1), (2), Oct. 6, 1992, 106 Stat. 1629.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 304(a) 31:251(1st sentence R.S. Sec. 343(less less words after 1st sentence words 1st comma). after 1st comma). 304(b)(1) 31:251(2d sentence words before comma, last sentence). 304(b)(2) 31:251(2d sentence words after comma). ------------------------------- In subsection (b)(1), the word ''head'' is substituted for ''chief officer'' in 31:251 for clarity and consistency in the revised title and with other titles of the United States Code. The word ''is'' is substituted for ''shall be denominated'' to eliminate unnecessary words. In subsection (b)(2), the words ''The Director shall carry out duties and powers prescribed by the Secretary of the Treasury'' are substituted for ''and shall be under the general direction of the Secretary of the Treasury'' for clarity and consistency in the revised title. AMENDMENTS 1992 - Pub. L. 102-390, Sec. 225(b)(2), substituted ''United States Mint'' for ''Bureau of the Mint'' in section catchline. Subsec. (a). Pub. L. 102-390, Sec. 225(a), substituted ''United States Mint'' for ''Bureau of the Mint''. Subsec. (b)(1). Pub. L. 102-390, Sec. 225(b)(1), substituted ''head of the Mint'' for ''head of the Bureau''. -END- -CITE- 31 USC Sec. 305 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 305. Federal Financing Bank -STATUTE- The Federal Financing Bank, established under section 4 of the Federal Financing Bank Act of 1973 (12 U.S.C. 2283), is subject to the direction and supervision of the Secretary of the Treasury. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 879.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 305 (no source). ------------------------------- The section is included to provide in subchapter I of chapter 3 of the revised title a complete list of the organizational units established by law that are in the Department of the Treasury or are subject to the direction and supervision of the Secretary of the Treasury. -END- -CITE- 31 USC Sec. 306 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 306. Fiscal Service -STATUTE- (a) The Fiscal Service is a service in the Department of the Treasury. (b) The head of the Fiscal Service is the Fiscal Assistant Secretary appointed under section 301(d) of this title. (c) The Fiscal Service has a - (1) Bureau of Government Financial Operations, having as its head a Commissioner of Government Financial Operations; and (2) Bureau of the Public Debt, having as its head a Commissioner of the Public Debt. (d) The Secretary of the Treasury may designate another officer of the Department to act as the Fiscal Assistant Secretary when the Fiscal Assistant Secretary is absent or unable to serve or when the office of Fiscal Assistant Secretary is vacant. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 879.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 306 5 App. Reorg. Plan No. 3 of 1940, eff. June 30, 1940, Sec. 1(less (a)(7)(1st sentence), (d)), 54 Stat. 1231. ------------------------------- In subsection (a), the word ''service'' is substituted for ''agency'' in section 1(a)(1)(words before last comma) of Reorganization Plan No. 3 of 1940 (eff. June 30, 1940, 54 Stat. 1232) for consistency in the revised title. The words related to the organizational units being consolidated into the Fiscal Service are omitted as executed. In subsection (b), the text of section 1(a)(7)(2d sentence) of Reorganization Plan No. 3 of 1940 is omitted because of the source provisions restated in section 301(d) of the revised title. In subsection (c), the words ''Office of the Fiscal Assistant Secretary'' in section 1(a)(2) of Reorganization Plan No. 3 of 1940 are omitted as unnecessary and for consistency in chapter 3 of the revised title. The words ''the Office of the Treasurer of the United States'' are omitted because this office is no longer in the Fiscal Service. See Department of the Treasury Order 229 of January 14, 1974 (39 F.R. 2280). The words ''Bureau of Government Financial Operations'' are substituted for ''Bureau of Accounts'' because of Treasury Order 229 and appropriation Acts beginning with fiscal year 1975. The text of section 1(a)(2)(last sentence) is omitted as unnecessary because of section 301 of the revised title. The words ''Commissioner of Government Financial Operations'' are substituted for ''Commissioner of Accounts and Deposits'' in section 1(a)(3) of the Reorganization Plan because of Treasury Order 229 and appropriation Acts beginning with fiscal year 1975. The words before the last comma are omitted as executed. The words related to the organizational units, in section 1(a)(4) of the Reorganization Plan, that are being consolidated into the Bureau of the Public Debt are omitted as executed. Subsection (d) is substituted for the text of section 1(a)(7)(last sentence) of Reorganization Plan No. 3 of 1940 for consistency in the revised title. The text of section 1(a)(5) and (6), (b), and (c) is omitted as superseded by the source provisions restated in section 321 of the revised title. REIMBURSEMENT OF FINANCIAL MANAGEMENT SERVICE FROM SOCIAL SECURITY TRUST FUNDS AND BY INTERNAL REVENUE SERVICE AND NATIONAL FINANCE CENTER Pub. L. 102-393, title I, Sec. 105, Oct. 6, 1992, 106 Stat. 1737, provided that: ''Notwithstanding any other provision of law, beginning October 1, 1992, and thereafter, the Financial Management Service (FMS) shall be reimbursed by the Internal Revenue Service (IRS) and the Department of Agriculture, National Finance Center (NFC), for the postage costs the FMS incurs to make check payments on behalf of the IRS and the NFC.'' Pub. L. 101-136, title I, Sec. 104, Nov. 3, 1989, 103 Stat. 789, provided that: ''Notwithstanding any other provision of law, beginning October 1, 1990, and thereafter, the Financial Management Service shall be fully and directly reimbursed from the Social Security Trust Funds for the costs it incurs in the issuance of Social Security Trust Funds benefit payments, including all physical costs associated with payment preparation and postage costs. Such direct reimbursement shall also be made for all other trust and special funds which are the recipients of services performed by the Financial Management Service and which prior to enactment of this provision (Nov. 3, 1989) reimburse the General Fund of the Treasury for such services.'' -END- -CITE- 31 USC Sec. 307 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 307. Office of the Comptroller of the Currency -STATUTE- The Office of the Comptroller of the Currency, established under section 324 of the Revised Statutes (12 U.S.C. 1), is an office in the Department of the Treasury. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 880.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 307 (no source). ------------------------------- The section is included to provide in subchapter I of chapter 3 of the revised title a complete list of the organizational units established by law that are in the Department of the Treasury or are subject to the direction and supervision of the Secretary of the Treasury. The title ''Office of the Comptroller of the Currency'' and the word ''office'' are used to reflect the name that this organizational unit of the Department of the Treasury historically has been given. -END- -CITE- 31 USC Sec. 308 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 308. United States Customs Service -STATUTE- The United States Customs Service, established under section 1 of the Act of March 3, 1927 (19 U.S.C. 2071), is a service in the Department of the Treasury. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 880.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 308 (no source). ------------------------------- The section is included to provide in subchapter I of chapter 3 of the revised title a complete list of the organizational units established by law that are in the Department of the Treasury or are subject to the direction and supervision of the Secretary of the Treasury. -CHANGE- CHANGE OF NAME Bureau of Customs redesignated United States Customs Service by Treasury Department Order 165-23, Apr. 4, 1973, eff. Aug. 1, 1973, 38 F.R. 13037. -END- -CITE- 31 USC Sec. 309 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 309. Office of Thrift Supervision -STATUTE- The Office of Thrift Supervision established under section 2A(a) (FOOTNOTE 1) of the Home Owners' Loan Act shall be an office in the Department of the Treasury. (FOOTNOTE 1) See References in Text note below. -SOURCE- (Added Pub. L. 101-73, title III, Sec. 307(a)(1), Aug. 9, 1989, 103 Stat. 352.) -REFTEXT- REFERENCES IN TEXT Section 2A(a) of the Home Owners' Loan Act, referred to in text, probably means section 3(a) of that Act which established the Office of Thrift Supervision, and which is classified to section 1462a(a) of Title 12, Banks and Banking. -MISC2- PRIOR PROVISIONS A prior section 309 was renumbered section 310 of this title. -END- -CITE- 31 USC Sec. 310 01/24/94 -EXPCITE- TITLE 31 - MONEY AND FINANCE SUBTITLE I - GENERAL CHAPTER 3 - DEPARTMENT OF THE TREASURY SUBCHAPTER I - ORGANIZATION -HEAD- Sec. 310. Continuing in office -STATUTE- When the term of office of an officer of the Department of the Treasury ends, the officer may continue to serve until a successor is appointed and qualified. -SOURCE- (Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 880, Sec. 309; renumbered Sec. 310, Pub. L. 101-73, title III, Sec. 307(a)(1), Aug. 9, 1989, 103 Stat. 352.) -MISC1- Historical and Revision Notes --------------------------------------------------------------------- Revised Section Source (U.S. Code) Source (Statutes at Large) --------------------------------------------------------------------- 309 31:1016. Mar. 2, 1895, ch. 187(1st par. under heading ''Treasury Department''), 28 Stat. 844. ------------------------------- In the section, the words ''When the term of office . . . ends'' are substituted for ''whose terms of office have expired or shall expire'' for consistency and to eliminate unnecessary words. The words ''may continue to serve'' are substituted for ''The Secretary of the Treasury is authorized and directed to pay'', ''and who have been performing or shall perform the duties of their respective offices after the date of such expiration'', and ''the salary, compensation, fees, or emoluments authorized or provided by law in each case for the respective incumbents of the offices'' because of 25 Op. Atty. Gen. 636 (1906) and for consistency with other titles of the United States Code. The words ''until a successor is appointed and qualified'' are substituted for ''before the appointment and qualification of their successors'' and 31:1016(last sentence) for consistency with other titles of the Code. AMENDMENTS 1989 - Pub. L. 101-73 renumbered section 309 of this title as this section. -END- |
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