(1)A civilian officer or employee of the Department of Defense who, in accordance with law or regulation, participates in a program for the automatic deposit of pay to a financial institution may be reimbursed for a covered late-deposit charge.
(2)A covered late-deposit charge for purposes of paragraph (1) is a charge (including an overdraft charge or a minimum balance charge) that is levied by a financial institution and that results from an administrative or mechanical error on the part of the Government that causes the pay of the officer or employee concerned to be deposited late or in an incorrect manner or amount.
(b)Reimbursements under this section shall be made from appropriations available for the pay of the officer or employee concerned.
(c)The Secretaries concerned shall prescribe regulations to carry out this section, including regulations for the manner in which reimbursement under this section is to be made.
(d)In this section:
(1)The term “financial institution” means a bank, savings and loan association, or similar institution or a credit union chartered by the United States or a State.
1998—Subsec. (d)(1). Pub. L. 105–261amended par. (1) generally. Prior to amendment, par. (1) read as follows: “The term ‘financial institution’ has the meaning given the term ‘financial organization’ in section
3332(a) of title
1991—Pub. L. 102–25struck out “mandatory” after “error in” in section catchline.
1990—Subsec. (d). Pub. L. 101–510substituted “In this section” for “in this section”.
Section applicable with respect to pay and allowances deposited (or scheduled to be deposited) on or after first day of first month beginning after Nov. 29, 1989, see section 664(c) ofPub. L. 101–189, set out as an Effective Date of 1989 Amendment note under section
1053 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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Description of Change
Statutes at Large
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