31 CFR §321.15
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Under the governing statute, as amended (31 U.S.C. 3126(a)), an agent cannot be relieved of liability for a loss resulting from an erroneous payment unless the Secretary of the Treasury can make a determination that the loss resulted from no fault or negligence on the agent's part.