§ 115. — Personal financial liability of contracting officers.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 41USC115]
TITLE 41--PUBLIC CONTRACTS
CHAPTER 2--TERMINATION OF WAR CONTRACTS
Sec. 115. Personal financial liability of contracting officers
(a) Whenever any payment is made from Government funds to any war
contractor or other person as an advance, partial or final payment on
any termination claim, or pursuant to any loan, guaranty, or agreement
for the purchase of any loan, or any commitment in connection therewith,
entered into by the Government, no officer or other Government agent
authorizing or approving such payment or settlement, or certifying the
voucher for such payment, or making the payment in accordance with a
duly certified voucher, shall be personally liable for such payment, in
the absence of fraud on his part. In settling the accounts of any
disbursing officer the General Accounting Office shall allow any such
disbursements made by him notwithstanding any other provisions of law.
(b) For the purpose of making termination settlements or interim
financing any Government agency is authorized to rely upon such
certificates of war contractors as it deems proper and to permit war
contractors and other persons to rely upon such certificates without
financial liability in the absence of fraud on their part.
(July 1, 1944, ch. 358, Sec. 15, 58 Stat. 664.)
