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Title 31 — Money and Finance

Chapter 3 — Department of the Treasury

§ 315. Continuing in office

Statutory text

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.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 97–258 · 96 Stat. 880

    Enacted · 31 U.S.C. § 315

    Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 880, § 309

    Source evidence

    Code source credit
    Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 880, § 309

  2. Financial Institutions Reform, Recovery, and Enforcement Act of 1989

    Pub. L. 101–73 title III § 307(a)(1) · 103 Stat. 183

    Changed · 31 U.S.C. § 315

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

    Source evidence

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

    Enacted provision · exact public law section
    (1) In general.— Subchapter I of chapter 3 of title 31, United States Code, is amended by redesignating section 309 as section 310 and by inserting after section 308 the following new section: “§ 309. Office of Thrift Supervision “The Office of Thrift Supervision established under section 2A(a) of the Home Owners’ Loan Act shall be an office in the Department of the Treasury..”.

  3. International Money Laundering Abatement and Financial Anti-Terrorism Act of 2001

    Pub. L. 107–56 title III § 361(a)(1) · 115 Stat. 272

    Changed · 31 U.S.C. § 315

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

    Source evidence

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

    Enacted provision · exact public law section
    (1) by redesignating section 310 as section 311; and

  4. Intelligence Authorization Act for Fiscal Year 2004

    Pub. L. 108–177 title I § 105(a)(1)(A) · 117 Stat. 2599

    Changed · 31 U.S.C. § 315

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

    Source evidence

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

    Enacted provision · exact public law section
    (A) by redesignating section 311 as section 312; and

  5. Federal Insurance Office Act of 2010

    Pub. L. 111–203 title V § 502(a)(1) · 124 Stat. 1376

    Changed · 31 U.S.C. § 315

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

    Source evidence

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

    Enacted provision · exact public law section
    (1) by redesignating section 312 as section 315;

    Effective date note
    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.

4 of 5 references resolved to an enrolled provision · 1 partial

Notes

historicalAndRevision
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
30931:1016.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.

Editorial Notes

Amendments1989–2010 · 4 rounds

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.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective 1 day after , 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.

Credits

1982–2010 · 5 acts
  1. 1982Pub. L. 97–258, , 96 Stat. 880, § 309
  2. 1989renumbered § 310, Pub. L. 101–73, title III, § 307(a)(1), , 103 Stat. 352
  3. 2001renumbered § 311, Pub. L. 107–56, title III, § 361(a)(1), , 115 Stat. 329
  4. 2003renumbered § 312, Pub. L. 108–177, title I, § 105(a)(1)(A), , 117 Stat. 2603
  5. 2010renumbered § 315, Pub. L. 111–203, title V, § 502(a)(1), , 124 Stat. 1580.
Show as published

(Pub. L. 97–258, , 96 Stat. 880, § 309; renumbered § 310, Pub. L. 101–73, title III, § 307(a)(1), , 103 Stat. 352; renumbered § 311, Pub. L. 107–56, title III, § 361(a)(1), , 115 Stat. 329; renumbered § 312, Pub. L. 108–177, title I, § 105(a)(1)(A), , 117 Stat. 2603; renumbered § 315, Pub. L. 111–203, title V, § 502(a)(1), , 124 Stat. 1580.)

Parsed from the official OLRC USLM XML in data/usc_all/usc31.xml · release point 119-108 · OLRC build 2026-09-16

USLM identifier /us/usc/t31/s315