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31 USC § 3304 - Transfers of public money from depositaries

---
identifier: "/us/usc/t31/s3304"
source: "usc"
legal_status: "official_legal_evidence"
title: "31 USC § 3304 - Transfers of public money from depositaries"
title_number: 31
title_name: "MONEY AND FINANCE"
section_number: "3304"
section_name: "Transfers of public money from depositaries"
chapter_number: 33
chapter_name: "DEPOSITING, KEEPING, AND PAYING MONEY"
subchapter_number: "I"
subchapter_name: "DEPOSITS AND DEPOSITARIES"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 949.)"
---

# § 3304. Transfers of public money from depositaries

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.

---

**Source Credit**: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 949.)

| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 3304 | 31:522. | R.S. § 3640. |

In the section, before clause (1), the words “except as provided in ” are omitted as superseded by title 39. The words “of the United States, to the credit of the Treasurer” are omitted as unnecessary. In clause (2), the words “if the Secretary believes the safety of the public money and convenience require it” are substituted for “as the safety of the public moneys and the convenience of the public service shall seem to him to require” for clarity and to eliminate unnecessary words.