40 U.S.C. § 17303 — Fund for the payment of Government losses in shipment
submitted 24 years ago by Pub. L. 107-217 to r/title-40-PUBLIC-BUILDINGS-PROPERTY-AND-WORKS · 186 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
There is a revolving fund in the Treasury known as “the fund for the payment of Government losses in shipment*”.
The fund shall be used for the replacement* of valuables*, or the value of valuables, lost, destroyed, or damaged while being shipped in accordance with regulations prescribed under section 17302 of this title.
The fund is not available with respect to any loss, destruction, or damage affecting valuables—
that relates to property of the United States Postal Service that is chargeable to its officers or employees; or
of which shipment shall have been made at the risk of persons other than the Federal Government and the executive departments, independent establishments, agencies, wholly owned Government corporations, officers and employees of the Government.
All recoveries and repayments on account of loss, destruction, or damage to valuables for which replacement is made out of the fund shall be credited to it and are available for the purposes of the fund.
Necessary amounts are appropriated for the fund.
Source credit: (Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1281.)
- 2002Enacted · Pub. L. 107-217 · 116 Stat. 1281
A history note hasn’t been published yet. The record shows enactment by Pub. L. 107-217 on 2002-08-21.
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