C.F.R. » Title 31 » CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY › SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE › PART 357—REGULATIONS GOVERNING BOOK-ENTRY TREASURY BONDS, NOTES AND BILLS HELD IN TREASURY/RESERVE AUTOMATED DEBT ENTRY SYSTEM (TRADES) AND LEGACY TREASURY DIRECT › Subpart D—Additional Provisions

31 C.F.R. § 357.42

Liability of Department and Federal Reserve Banks

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The Department and the Federal Reserve Banks may rely on the information provided in a tender, transaction request form, or Transfer Message, and are not required to verify the information. The Department and the Federal Reserve Banks shall not be liable for any action taken in accordance with the information set out in a tender, transaction request form, or Transfer Message, or evidence submitted in support thereof.

[61 FR 43630, Aug. 23, 1996]
Notes of Decisions
Cited in 1 case, 2014–2014 · leading case: Green v. United States, 114 Fed. Cl. 791 (Fed. Cl. 2014).
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Green v. United States, 114 Fed. Cl. 791 (Fed. Cl. 2014). “31 C.F.R. § 357.42 . Because the regulations clearly state that the government cannot be liable for “any action” taken in accordance with the information it receives in the transaction request form, the government correctly argues that Mr.”
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