Volume 79
Public Law 89–145
To authorize cheeks to be drawn in favor of financial organizations for the credit of a person’s account, under certain conditions.
Approved August 28, 1965
Statutory text
AN ACT
To authorize cheeks to be drawn in favor of financial organizations for the credit of a person’s account, under certain conditions.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That section 3620 of the Revised Statutes, as amended (31 U.S.C. 492), is amended—
by inserting the designation “(a)” before the word “It” at the beginning thereof; and
by adding the following new subsections at the end thereof:
“(b) Notwithstanding subsection (a) or any other provision of law, and under regulations to be prescribed by the Secretary of the Treasury, the head of an agency may, upon the written request of a person to whom a payment is to be made, authorize a disbursing officer to make the payment—
“(1) by sending to the financial organization designated by that person a check that is drawn in favor of that organization and for credit to the account of that person; or
“(2) if more than one person to whom a payment is to be made designates the same financial organization, by. sending to the organization a check that is drawn in favor of the organization for the total amount due those persons and by specifying the amount to be credited to the account of each of those persons.
Definitions.
In this subsection, ‘agency’ means any department, agency, independent establishment, board, office, commission, or other establishment in the executive, legislative, or judicial branch, of the Government, any wholly owned or controlled Government corporation, and the municipal government of the District of Columbia; ‘financial organization’ means any bank, savings bank, savings and loan association or similar institution, or Federal or State chartered credit union.
“(c) Payment by the United States of a check, drawn in accordance with subsection (b) and properly endorsed, shall constitute a full acquittance for the amount due to the person requesting payment.”
Approved August 28, 1965.