97-31807. Surety Companies Acceptable on Federal Bonds; Termination of Authority: Munich American Reinsurance Company, Munich Reinsurance Company, U.S. Branch

[Federal Register Volume 62, Number 233 (Thursday, December 4, 1997)]
[Notices]
[Pages 64251-64252]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-31807]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Surety Companies Acceptable on Federal Bonds; Termination of 
Authority: Munich American Reinsurance Company, Munich Reinsurance 
Company, U.S. Branch

SUMMARY: (Dept. Circ. 570, 1997--Rev., Supp. No. 3).

FOR FURTHER INFORMATION CONTACT: Surety Bond Branch [phone].

SUPPLEMENTARY INFORMATION: Notice is hereby given that the Certificates 
of Authority issued by the Treasury to Munich American Reinsurance 
Company and Munich Reinsurance Company, U.S. Branch, under the United 
States Code, Title 31, Sections 9304-9308, to qualify as an acceptable 
surety and as an acceptable reinsuring company on Federal bonds are 
hereby terminated.
    Munich American Reinsurance Company was last listed as an 
acceptable surety on Federal bonds at 62 FR 35567, July 1, 1997 and 
Munich

[[Page 64252]]

Reinsurance Company, U.S. Branch, was last listed as an acceptable 
reinsuring company on Federal bonds at 62 FR 35581, July 1, 1997.
    With respect to any bonds currently in force with both these 
companies, bond-approving officers may let such bonds run to expiration 
and need not secure new bonds. However, no new bonds should be 
accepted. In addition, bonds that are continuous in nature should not 
be renewed.
    The Treasury Department Circular 570 may be viewed and downloaded 
through the Internet (http://www.fms.treas.gov/c570.html) or through 
our computerized public bulletin board system (FMS Inside Line) at 
[phone]. A hard copy may be purchased from the Government 
Printing Office (GPO), Subscription Service, Washington, DC, telephone 
[phone]. When ordering the Circular from GPO, use the following 
stock number: 048-000-00509-8.
    Questions concerning this notice may be directed to the U.S. 
Department of the Treasury, Financial Management Service, Funds 
Management Division, Surety Bond Branch, 3700 East-West Highway, Room 
6A11, Hyattsville, MD 20782.

    Dated: November 20, 1997.
Charles F. Schwan III,
Director, Funds Management Division, Financial Management Service.
[FR Doc. 97-31807 Filed 12-3-97; 8:45 am]
BILLING CODE 4810-35-M