Regulations last checked for updates: May 18, 2024

Title 31 - Money and Finance: Treasury last revised: May 10, 2024
§ 101.8 - Discretion of the Secretary.

The Secretary of the Treasury retains complete discretion to deny any claim of any petitioner when the Secretary believes it is not in the best interest of the Government to return the bullion to the petitioner or when the Secretary is not convinced that the petitoner was an innocent purchaser or holder without knowledge that the gold coins were counterfeit.

authority: 18 U.S.C. 492.
source: 42 FR 1472, Jan. 7, 1977, unless otherwise noted.
cite as: 31 CFR 101.8