The Secretary of the Treasury may transfer public money in the possession of a depositary—
((1)) to the Treasury; and
((2)) if the Secretary believes the safety of the public money and convenience require it, to another depositary.
Title 31
Ask me to translate this law into plain English
This is not an official government website.
Copyright © 2026 PLEJ LC. All rights reserved.
Title 31
Transfers of public money from depositaries
Need the full chapter outline? Open Chapter 33 to browse every section without loading the entire chapter explorer on this page.
The Secretary of the Treasury may transfer public money in the possession of a depositary—
((1)) to the Treasury; and
((2)) if the Secretary believes the safety of the public money and convenience require it, to another depositary.