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26 U.S.C. § 7808 — Depositaries for collections

submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 72 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section authorizes the Secretary to designate depositaries for tax collections and sets rules for handling and transferring collected money.

The Secretary is authorized to designate one or more depositaries in each State for the deposit and safe-keeping of the money collected by virtue of the internal revenue laws; and the receipt of the proper officer of such depositary to the proper officer or employee of the Treasury Department for the money deposited by him is a sufficient voucher for such Treasury officer or employee in the settlement of his accounts.

the actual law source: uscode.house.gov ↗public domain

The Secretary is authorized to designate one or more depositaries in each State for the deposit and safe-keeping of the money collected by virtue of the internal revenue laws; and the receipt of the proper officer of such depositary to the proper officer or employee of the Treasury Department for the money deposited by him shall be a sufficient voucher for such Treasury officer or employee in the settlement of his accounts.

Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 918; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

history & why it existsrecord from the source credit
  • 1954Enacted · Act of Aug. 16, 1954, ch. 736
  • 1976Amended · Pub. L. 94-455 · 90 Stat. 1834

A history note hasn’t been published yet. The record shows enactment by ch. 736 on 1954-08-16.

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