Title 26, Internal Revenue CodeRelease 119-73
§7808 Depositaries for Collections
Title 26 › Subtitle Subtitle F— Procedure and Administration › Chapter 80— GENERAL RULES › Subchapter A— Application of Internal Revenue Laws › § 7808
Summary
The government may pick one or more banks or institutions in each state to hold tax money collected under the internal revenue laws. The depositary's receipt serves as proof that the Treasury officer or employee deposited the money.
Full Legal Text
Title 26, §7808
Internal Revenue Code, Source: USLM XML via OLRC
The Secretary is authorized to designate one or more depositaries in each State for the deposit and safe-keeping of the money collected by virtue of the internal revenue laws; and the receipt of the proper officer of such depositary to the proper officer or employee of the Treasury Department for the money deposited by him shall be a sufficient voucher for such Treasury officer or employee in the settlement of his accounts.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1976—Pub. L. 94–455 struck out “or his delegate” after “Secretary”.
Reference
Citations & Metadata
Citation
26 U.S.C. § 7808
Title 26, Internal Revenue Code
Last Updated
Apr 6, 2026
Release point: 119-73