[Code of Federal Regulations]

[Title 31, Volume 2]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR235.3]



[Page 81]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY

 

PART 235_ISSUANCE OF SETTLEMENT CHECKS FOR FORGED CHECKS DRAWN ON DESIGNATED DEPOSITARIES--Table of Contents

 

Sec.  235.3  Settlement of claims.



    Upon receipt of a claim by a payee or special indorsee on a check 

determined to have been paid on a forged indorsement under conditions 

satisfying the provisions set forth in 31 U.S.C. 3343, accountable 

officers of the United States, with respect to a check drawn on 

designated depositaries of the United States, in dollars or in foreign 

currency, shall cause to be issued a settlement check in the appropriate 

currency to the payee or special indorsee.



[40 FR 6785, Feb. 14, 1975, as amended at 49 FR 47001, 47002, Nov. 30, 

1984; 54 FR 35642, Aug. 29, 1989]