Date: November 5, 1992
Sunset Review: TBD
Expiration Date: TBD
SUBJECT: Recognition of Insurance Covering Tax and Loan Depositaries
1. DELEGATION. By virtue of the authority granted to the Fiscal Assistant Secretary by Treasury Order (TO) 101-05, the authority in 31 Code of Federal Regulations 226.3 and 226.4 to grant, withhold and revoke recognition of the insurance covering Treasury tax and loan depositaries provided by insurance organizations, and to value their assets and liabilities, is delegated to the Commissioner, Financial Management Service. The Commissioner shall be responsible for referring to the Fiscal Assistant Secretary any matter on which action should appropriately be taken by the Fiscal Assistant Secretary.
2. REDELEGATION. Authority may be redelegated by the Commissioner, Financial Management Service, to subordinate officials.
3. CANCELLATION. Treasury Directive 16-33, "Recognition of Insurance Covering Tax and Loan Depositaries," dated September 22, 1986, is superseded.
4. AUTHORITY. TO 101-05, "Reporting Relationships and Supervision of officials, Offices and Bureaus, Delegation of Certain Authority, and Order of succession in the Department of the Treasury."
5. OFFICE OF PRIMARY INTEREST. Office of the Fiscal Assistant Secretary.
Gerald Murphy
Fiscal Assistant Secretary
Last Updated: 11/4/2010 10:00 PM