31 CFR 248.1
§ 248.1 Introductory.
United States · 31 CFR — Money and Finance: Treasury · Status: effective
Cite this
- Citation
- 31 CFR 248.1, § 248.1 Introductory, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139574
- Permanent ID
ys:prov:139574@1- SHA-256
22e213bf519211c8067fdb4d6ac32216fcb66ade492b61ca291777d687851324
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Full text
This part governs the issuance of substitutes for checks of the United States drawn on United States dollar or foreign currency accounts, maintained with designated depositaries in foreign countries or territories or possessions of the United States. Checks of the United States drawn on such depositaries are hereafter referred to as “depositary checks.”
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.