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LegalText 40 U.S.C. § 17306 Agreements of indemnity us united_states_code code_section 40 PUBLIC BUILDINGS, PROPERTY, AND WORKS 173 GOVERNMENT LOSSES IN SHIPMENT 17306 40 U.S.C. § 17306 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc40@119-100.zip /us/usc/t40/s17306 data/legal/raw/us/code/title-40/usc40.xml 8b8bf7149837d7a3a1aa39c3c7af953f461dd9984efd9c86b0d374dc0d052526 9e671d5f37f9148634c9ba568a4c16d4864b567130b66bcf607f680414560a29 9771a1543e83365b358775c5a8b26f99b5706053312cb5c5a18b622136300f18 2026-07-04 official
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40 U.S.C. § 17306 - Agreements of indemnity

Text

(a) Definition.— In this section, the term “Federal Government” includes wholly owned Government corporations, and officers and employees of the Government or its executive departments, independent establishments, and agencies while acting in their official capacity.

(b) Authority To Make Agreement.— The Secretary of the Treasury may make and deliver, on behalf of the Federal Government, a binding agreement of indemnity the Secretary considers necessary and proper to enable the Government to obtain the replacement of any instrument or document—

(1) received by the Government or an agent of the Government in the agents official capacity; and

(2) which, after having been received, is lost, destroyed, or so mutilated as to impair its value.

(c) When Federal Government Not Obligated.— The Government is not obligated under an agreement of indemnity if the obligee named in the agreement makes a payment or delivery not required by law on the original of the instrument or document covered by the agreement.

(d) Use of Fund for the Payment of Government Losses in Shipment.— The fund described in section 17303 of this title is available to pay any obligation arising out of an agreement the Secretary makes under this section.

(Pub. L. 107217, Aug. 21, 2002, 116 Stat. 1282.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 17306(a)40:729(a) (last sentence).July 8, 1937, ch. 444, § 7(a) (last sentence), 50 Stat. 480; Aug. 10, 1939, ch. 665, § 3, 53 Stat. 1359. 17306(b)40:725 (1st sentence words before proviso).July 8, 1937, ch. 444, § 3b, as added Aug. 10, 1939, ch. 665, § 2, 53 Stat. 1359. 17306(c)40:725 (1st sentence proviso). 17306(d)40:725 (last sentence).