Title 31 › Subtitle SUBTITLE I— GENERAL › Chapter 3— DEPARTMENT OF THE TREASURY › Subchapter II— ADMINISTRATIVE › § 329
Stops the Secretary of the Treasury and the Treasurer from doing certain outside business activities. They cannot run trade or commerce, own part of a non-pleasure ship, hold public property in trust, deal in State or U.S. government obligations, or take personal benefits from Treasury work unless a law allows it. If they break these rules, they must pay a $3,000 fine, are removed from office, and can never hold a government office again. A person (not a prosecutor) who helps get a conviction receives $1,500 of that fine. Other Treasury officers and employees cannot run businesses that deal in State or government funds, debts, or property, or use personal benefits from Treasury work. If they break these rules, they must pay a $500 fine and are removed from office.
Full Legal Text
Money and Finance — Source: USLM XML via OLRC
Legislative History
Reference
Citation
31 U.S.C. § 329
Title 31 — Money and Finance
Last Updated
Apr 5, 2026
Release point: 119-73not60