31 U.S.C. § 3127
Credit to officers, employees, and agents for stolen Treasury notes
When an officer, employee, or agent of the United States Government authorized to receive, redeem, or cancel Treasury notes receives or pays a note that was stolen and put in circulation after it had been received or redeemed by an officer, employee, or agent authorized to receive or redeem the note, the Secretary of the Treasury may allow the officer, employee, or agent receiving or paying the stolen note a credit for the amount of the note. The Secretary may allow the credit only if the Secretary is satisfied that the note was received or paid in good faith and in exercising ordinary prudence.
Notes of Decisions
Cited in 2
cases (1 in the last 5 years), 2002–2023 · leading case: Fireman's Fund Ins. Co. v. Gordon R. England, Sec'y of the Navy, 313 F.3d 1344 (Fed. Cir. 2002).
Fireman's Fund Ins. Co. v. Gordon R. England, Sec'y of the Navy, 313 F.3d 1344 (Fed. Cir. 2002). “§ 15 (b) covering' “a bank, trust company, or other financing institution,” *1350 and in 31 U.S.C. § 3127 (c) for “an assignment to a financing institution of money due or to become due under a contract.”
Crowley Gov't Servs., Inc. v. Gen. Servs. Admin. (D.D.C. 2023). “31 U.S.C. § 3127 (c)(2). See Pl.’s Opp’n Defs.”
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