§ 308 TITLE 31—MONEY AND FINANCE Page 12

Statutes (12 U.S.C. 1), is an office in the Department of the Treasury.

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

HISTORICAL AND REVISION NOTES

Revised

Section Source (U.S. Code) Source (Statutes at Large)

307 .......... (no source).

The section is included to provide in subchapter I of

chapter 3 of the revised title a complete list of the organizational units established by law that are in the

Department of the Treasury or are subject to the direction and supervision of the Secretary of the Treasury.

The title ‘‘Office of the Comptroller of the Currency’’

and the word ‘‘office’’ are used to reflect the name that

this organizational unit of the Department of the

Treasury historically has been given.

§ 308. United States Customs Service

The United States Customs Service, established under section 1 of the Act of March 3, 1927

(19 U.S.C. 2071), is a service in the Department of

the Treasury.

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

HISTORICAL AND REVISION NOTES

Revised

Section Source (U.S. Code) Source (Statutes at Large)

308 .......... (no source).

The section is included to provide in subchapter I of

chapter 3 of the revised title a complete list of the organizational units established by law that are in the

Department of the Treasury or are subject to the direction and supervision of the Secretary of the Treasury.

CHANGE OF NAME

Bureau of Customs redesignated United States Customs Service by Treasury Department Order 165–23,

Apr. 4, 1973, eff. Aug. 1, 1973, 38 F.R. 13037.

§ 309. Office of Thrift Supervision

The Office of Thrift Supervision established

under section 3(a) of the Home Owners’ Loan Act

shall be an office in the Department of the

Treasury.

(Added Pub. L. 101–73, title III, §307(a)(1), Aug. 9,

1989, 103 Stat. 352; amended Pub. L. 103–272,

§4(f)(1)(A), July 5, 1994, 108 Stat. 1361.)

REFERENCES IN TEXT

Section 3(a) of the Home Owners’ Loan Act, referred

to in text, is classified to section 1462a(a) of Title 12,

Banks and Banking.

PRIOR PROVISIONS

A prior section 309 was renumbered section 310 of this

title.

AMENDMENTS

1994—Pub. L. 103–272 substituted ‘‘section 3(a)’’ for

‘‘section 2A(a)’’.

§ 310. 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.

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

renumbered §310, Pub. L. 101–73, title III,

§307(a)(1), Aug. 9, 1989, 103 Stat. 352.)

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

1989—Pub. L. 101–73 renumbered section 309 of this

title as this section.

SUBCHAPTER II—ADMINISTRATIVE

§ 321. General authority of the Secretary

(a) The Secretary of the Treasury shall—

(1) prepare plans for improving and managing receipts of the United States Government

and managing the public debt;

(2) carry out services related to finances

that the Secretary is required to perform;

(3) issue warrants for money drawn on the

Treasury consistent with appropriations;

(4) mint coins, engrave and print currency

and security documents, and refine and assay

bullion, and may strike medals;

(5) prescribe regulations that the Secretary

considers best calculated to promote the public convenience and security, and to protect

the Government and individuals from fraud

and loss, that apply to anyone who may—

(A) receive for the Government, Treasury

notes, United States notes, or other Government securities; or

(B) be engaged or employed in preparing

and issuing those notes or securities;

(6) collect receipts;

(7) with a view to prosecuting persons, take

steps to discover fraud and attempted fraud

involving receipts and decide on ways to prevent and detect fraud; and

(8) maintain separate accounts of taxes received in each State, territory, and possession

of the United States, and collection district,

with each account listing—

(A) each kind of tax;

(B) the amount of each tax; and

(C) the money paid as pay and allowances

to officers and employees of the Department

collecting taxes in that State, territory, possession, or district.

(b) The Secretary may—

(1) prescribe regulations to carry out the duties and powers of the Secretary;

(2) delegate duties and powers of the Secretary to another officer or employee of the

Department of the Treasury;