TITLE 31—MONEY AND FINANCE

Subtitle I-General

Chapter 3—Department of the Treasury

Subchapter I—Organization

§315. Continuing in office

When the term of office of an officer of the Department of the Treasury ends, the officer may continue to serve until a successor is appointed and qualified.


Public Laws

Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 880  

Pub. L. 101–73, title III, §307(a)(1), Aug. 9, 1989, 103 Stat. 352

Pub. L. 107–56, title III, §361(a)(1), Oct. 26, 2001, 115 Stat. 329

Pub. L. 108–177, title I, §105(a)(1)(A), Dec. 13, 2003, 117 Stat. 2603

Pub. L. 111–203, title V, §502(a)(1), July 21, 2010, 124 Stat. 1580

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
309 31:1016. Mar. 2, 1895, ch. 187 (1st par. under heading “Treasury Department”), 28 Stat. 844.

In the section, the words “When the term of office . . . ends” are substituted for “whose terms of office have expired or shall expire” for consistency and to eliminate unnecessary words. The words “may continue to serve” are substituted for “The Secretary of the Treasury is authorized and directed to pay”, “and who have been performing or shall perform the duties of their respective offices after the date of such expiration”, and “the salary, compensation, fees, or emoluments authorized or provided by law in each case for the respective incumbents of the offices” because of 25 Op. Atty. Gen. 636 (1906) and for consistency with other titles of the United States Code. The words “until a successor is appointed and qualified” are substituted for “before the appointment and qualification of their successors” and 31:1016 (last sentence) for consistency with other titles of the Code.

Amendments

2010

Pub. L. 111–203 renumbered section 312 of this title as this section.

2003

Pub. L. 108–177 renumbered section 311 of this title as this section.

2001

Pub. L. 107–56 renumbered section 310 of this title as this section.

1989

Pub. L. 101–73 renumbered section 309 of this title as this section.

Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as an Effective Date note under section 5301 of Title 12, Banks and Banking.

Note: Long Title of Pub. L. 97-258: “An Act To revise, codify, and enact without substantive change certain general and permanent laws, related to money and finance, as title 31, United States Code, ‘money and Finance’.”