31 CFR 235.3

§ 235.3 Settlement of claims.

United States · 31 CFR — Money and Finance: Treasury · Status: effective

Cite this

Citation: 31 CFR 235.3, § 235.3 Settlement of claims, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139537
Permanent ID: ys:prov:139537@1
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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.