DATE: August 25, 2010
ADMINISTRATIVE EDIT: July 9, 2019
SUBJECT: Disposal of Obligations, Including Bonds, Notes or Other Securities
- DELEGATION. By virtue of the authority granted to the Fiscal Assistant Secretary by Treasury Order (TO) 101-05, the Commissioner, Bureau of the Fiscal Service, is delegated the authority to dispose of obligations, including bonds, notes or other securities, acquired by the Secretary of the Treasury for the United States Government or delivered by an executive agency pursuant to 31 U.S.C. 324, and to perform any functions necessary to effect such disposition. The Commissioner, Bureau of the Fiscal Service, shall be responsible for referring to the Fiscal Assistant Secretary any matters on which action should be appropriately taken by the Fiscal Assistant Secretary.
- SCOPE. This directive applies to all bureaus, offices, and organizations in the Department of the Treasury, including the offices of inspectors general within the Department. The provisions of this order shall not be construed to interfere with or impede the authorities or independence of the Department’s Inspector General, the Treasury Inspector General for Tax Administration, or the Special Inspector General for the Troubled Asset Relief Program.
- REDELEGATION. The Commissioner, Bureau of the Fiscal Service, may redelegate this authority, and it may be exercised in the individual capacity and under the individual title of each official receiving such 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."
- 31 U.S.C. 324.
- CANCELLATION. Treasury Directive 16-21, "Disposal of Obligations, Including Bonds, Notes or Other Securities," dated November 20, 2000, is superseded.
- OFFICE OF PRIMARY INTEREST. Fiscal Accounting Operations, Fiscal Accounting, Bureau of the Fiscal Service.
Donald V. Hammond
Fiscal Assistant Secretary