31 CFR § 235.3 - Settlement of claims.

---
identifier: "/us/cfr/t31/s235.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 235.3 - Settlement of claims."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "235.3"
section_name: "Settlement of claims."
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "235"
part_name: "ISSUANCE OF SETTLEMENT CHECKS FOR FORGED CHECKS DRAWN ON DESIGNATED DEPOSITARIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "31 U.S.C. 3343."
regulatory_source: "40 FR 6785, Feb. 14, 1975, unless otherwise noted."
cfr_part: "235"
---


# 235.3 Settlement of claims.

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.

[40 FR 6785, Feb. 14, 1975, as amended at 49 FR 47001, 47002, Nov. 30, 1984; 54 FR 35642, Aug. 29, 1989]