B-112924(1), MAR 19, 1957

B-112924(1): Mar 19, 1957

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PRECIS-UNAVAILABLE SECRETARY OF THE TREASURY: REFERENCE IS MADE TO MY LETTER B-112924. WITH RESPECT TO THE DISPOSITION OF UNDELIVERABLE CHECKS ON HAND IN GOVERNMENT DISBURSING AGENCIES WHICH ARE DATED ON OR BEFORE JUNE 30. FOR THE TIME BEING SUCH CHECKS WILL CONTINUE TO BE HELD BY THE DISBURSING ACTIVITIES UNTIL A FINAL DECISION IS REACHED WITH RESPECT TO THE DISPOSITION OR OTHER TREATMENT OF SUCH CHECKS.

B-112924(1), MAR 19, 1957

PRECIS-UNAVAILABLE

SECRETARY OF THE TREASURY:

REFERENCE IS MADE TO MY LETTER B-112924, DATED MARCH 19, 1957, ADDRESSED TO THE HEADS OF DEPARTMENTS AND AGENCIES CONCERNED, WITH RESPECT TO THE DISPOSITION OF UNDELIVERABLE CHECKS ON HAND IN GOVERNMENT DISBURSING AGENCIES WHICH ARE DATED ON OR BEFORE JUNE 30, 1955.

DUE TO SOME FURTHER DELIBERATIONS WITH RESPECT TO THE UNDELIVERABLE CHECKS ON HAND PERTAINING TO PUBLIC DEBT OBLIGATIONS, IT APPEARS DESIRABLE TO EXCLUDE THESE CHECKS AT THIS TIME FROM THE PROVISIONS OF THE ABOVE MENTIONED LETTER.

ACCORDINGLY, FOR THE TIME BEING SUCH CHECKS WILL CONTINUE TO BE HELD BY THE DISBURSING ACTIVITIES UNTIL A FINAL DECISION IS REACHED WITH RESPECT TO THE DISPOSITION OR OTHER TREATMENT OF SUCH CHECKS.

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