<section xmlns="http://xml.house.gov/schemas/uslm/1.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dcterms="http://purl.org/dc/terms/" style="-uslm-lc:I80" id="id6faa83a2-b854-11e9-b72c-a5fb66e51517" identifier="/us/usc/t31/s315"><num value="315">§ 315.</num><heading> Continuing in office</heading><content>
<p style="-uslm-lc:I11" class="indent0">When the term of office of an officer of the Department of the Treasury ends, the officer may continue to serve until a successor is appointed and qualified.</p>
</content><sourceCredit id="id6faa83a3-b854-11e9-b72c-a5fb66e51517">(<ref href="/us/pl/97/258">Pub. L. 97–258</ref>, <date date="1982-09-13">Sept. 13, 1982</date>, <ref href="/us/stat/96/880">96 Stat. 880</ref>, § 309; renumbered § 310, <ref href="/us/pl/101/73/tIII/s307/a/1">Pub. L. 101–73, title III, § 307(a)(1)</ref>, <date date="1989-08-09">Aug. 9, 1989</date>, <ref href="/us/stat/103/352">103 Stat. 352</ref>; renumbered § 311, <ref href="/us/pl/107/56/tIII/s361/a/1">Pub. L. 107–56, title III, § 361(a)(1)</ref>, <date date="2001-10-26">Oct. 26, 2001</date>, <ref href="/us/stat/115/329">115 Stat. 329</ref>; renumbered § 312, <ref href="/us/pl/108/177/tI/s105/a/1/A">Pub. L. 108–177, title I, § 105(a)(1)(A)</ref>, <date date="2003-12-13">Dec. 13, 2003</date>, <ref href="/us/stat/117/2603">117 Stat. 2603</ref>; renumbered § 315, <ref href="/us/pl/111/203/tV/s502/a/1">Pub. L. 111–203, title V, § 502(a)(1)</ref>, <date date="2010-07-21">July 21, 2010</date>, <ref href="/us/stat/124/1580">124 Stat. 1580</ref>.)</sourceCredit>
<notes type="uscNote" id="id6faa83a4-b854-11e9-b72c-a5fb66e51517">
<note topic="historicalAndRevision" id="id6faa83a5-b854-11e9-b72c-a5fb66e51517">
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<p style=""><span style="font-variant:small-caps">Historical and Revision Notes</span></p></th>
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<th style="min-width: 38.0pt; text-align:center; vertical-align:middle; border-right:1px solid black;"><p style=" text-align:center;"><i>Revised Section</i></p></th><th style="width:68.0pt ; max-width:68.0pt; text-align:center; vertical-align:middle; border-right:1px solid black; border-left:1px solid black;"><p style=" text-align:center;"><i>Source (U.S. Code)</i></p></th><th style="width:100.0pt ; max-width:100.0pt; text-align:center; vertical-align:middle; border-left:1px solid black;"><p style=" text-align:center;"><i>Source (Statutes at Large)</i></p></th></tr>
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<tr style="border-top:1px solid black; -uslm-lc:I01;"><td style=" text-align:left; vertical-align:top; border-right:1px solid black; padding-right:2pt;"><p style=" text-align:left; text-indent: -1em; padding-left:1em;" class="leaders"><span>309</span></p></td><td style=" text-align:left; vertical-align:top; border-right:1px solid black; border-left:1px solid black; padding-right:2pt; padding-left: 2pt;"><p style=" text-align:left; text-indent: -1em; padding-left:1em;">31:1016.</p></td><td style=" text-align:left; vertical-align:top; border-left:1px solid black; padding-left: 2pt;"><p style=" text-align:left; text-indent: -1em; padding-left:1em;"><a href="/us/act/1895-03-02/ch187">Mar. 2, 1895, ch. 187</a> (1st par. under heading “Treasury Department”), <a href="/us/stat/28/844">28 Stat. 844</a>.</p></td></tr>
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<p style="-uslm-lc:I21" class="indent0">In the section, the words “When the term of office . . . ends” are substituted for “whose terms of office have expired or shall expire” for consistency and to eliminate unnecessary words. The words “may continue to serve” are substituted for “The Secretary of the Treasury is authorized and directed to pay”, “and who have been performing or shall perform the duties of their respective offices after the date of such expiration”, and “the salary, compensation, fees, or emoluments authorized or provided by law in each case for the respective incumbents of the offices” because of 25 Op. Atty. Gen. 636 (1906) and for consistency with other titles of the United States Code. The words “until a successor is appointed and qualified” are substituted for “before the appointment and qualification of their successors” and 31:1016 (last sentence) for consistency with other titles of the Code.</p>
</note>
<note style="-uslm-lc:I74" topic="amendments" id="id6faaaab7-b854-11e9-b72c-a5fb66e51517"><heading class="centered smallCaps">Amendments</heading><p style="-uslm-lc:I21" class="indent0">2010—<ref href="/us/pl/111/203">Pub. L. 111–203</ref> renumbered <ref href="/us/usc/t31/s312">section 312 of this title</ref> as this section.</p>
<p style="-uslm-lc:I21" class="indent0">2003—<ref href="/us/pl/108/177">Pub. L. 108–177</ref> renumbered <ref href="/us/usc/t31/s311">section 311 of this title</ref> as this section.</p>
<p style="-uslm-lc:I21" class="indent0">2001—<ref href="/us/pl/107/56">Pub. L. 107–56</ref> renumbered <ref href="/us/usc/t31/s310">section 310 of this title</ref> as this section.</p>
<p style="-uslm-lc:I21" class="indent0">1989—<ref href="/us/pl/101/73">Pub. L. 101–73</ref> renumbered <ref href="/us/usc/t31/s309">section 309 of this title</ref> as this section.</p>
</note>
<note style="-uslm-lc:I74" topic="effectiveDateOfAmendment" id="id6faaaab8-b854-11e9-b72c-a5fb66e51517"><heading class="centered smallCaps">Effective Date of 2010 Amendment</heading><p style="-uslm-lc:I21" class="indent0">Amendment by <ref href="/us/pl/111/203">Pub. L. 111–203</ref> effective 1 day after <date date="2010-07-21">July 21, 2010</date>, except as otherwise provided, see <ref href="/us/pl/111/203/s4">section 4 of Pub. L. 111–203</ref>, set out as an Effective Date note under <ref href="/us/usc/t12/s5301">section 5301 of Title 12</ref>, Banks and Banking.</p>
</note>
</notes>
</section>