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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.