31 CFR 355.10 - What happens if I present my check to the payor Reserve Bank more than six months after the issue date of the check?

Regulations last checked for updates: Nov 22, 2024

Title 31 - Money and Finance: Treasury last revised: Nov 18, 2024

View all text of Part 355 [§ 355.0 - § 355.15]

§ 355.10 - What happens if I present my check to the payor Reserve Bank more than six months after the issue date of the check?

If the payor Reserve Bank refuses payment on a fiscal agency check solely because it is presented more than six (6) months after the issue date of the check, a replacement check will be issued if you:

(a) Surrender the original check; and

(b) Executive the required indemnification agreement.

authority: 12 U.S.C. 391; 31 U.S.C. Ch. 31

source: 65 FR 65700, Nov. 1, 2000, unless otherwise noted.

cite as: 31 CFR 355.10