31 CFR § 357.42 - Liability of Department and Federal Reserve Banks.
---
identifier: "/us/cfr/t31/s357.42"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 357.42 - Liability of Department and Federal Reserve Banks."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "357.42"
section_name: "Liability of Department and Federal Reserve Banks."
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "357"
part_name: "REGULATIONS GOVERNING BOOK-ENTRY TREASURY BONDS, NOTES AND BILLS HELD IN TREASURY/RESERVE AUTOMATED DEBT ENTRY SYSTEM (TRADES) AND LEGACY TREASURY DIRECT"
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. chapter 31; 5 U.S.C. 301; 12 U.S.C. 391."
regulatory_source: "51 FR 18265, May 16, 1986, unless otherwise noted."
cfr_part: "357"
---
# 357.42 Liability of Department and Federal Reserve Banks.
The Department and the Federal Reserve Banks may rely on the information provided in a tender, transaction request form, or Transfer Message, and are not required to verify the information. The Department and the Federal Reserve Banks shall not be liable for any action taken in accordance with the information set out in a tender, transaction request form, or Transfer Message, or evidence submitted in support thereof.
[61 FR 43630, Aug. 23, 1996]