Accounts of paymasters of lost or captured naval vessels

10 U.S.C. § 8912
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
When settling the account of a paymaster of a lost or captured naval vessel, the Comptroller General in settling money accounts, and the Secretary of the Navy in settling property accounts, shall credit the account of the paymaster for the amount of provisions, clothing, small stores, and money for which the paymaster is charged that the Comptroller General or Secretary believes was lost inevitably because of the loss or capture. The paymaster is then free of liability for the provisions, clothing, small stores, and money.

Starting a business? Corpus forms LLCs in all 50 states and DC.