FEDERAL · 31 U.S.C. · Chapter 93

Civil penalty

Current through Pub. L. 119-102
Title 31Money and Finance·Ch. 93 — SURETIES AND SURETY BONDS
A surety corporation is liable to the United States Government for a civil penalty of at least $500 but not more than $5,000 for violating section 9304, 9305, or 9306 of this title. A civil action under this section may be brought in a judicial district in which a civil action may be brought against the corporation under section 9307 of this title. A penalty imposed under this section does not affect the validity of a contract made by the surety corporation.

Free access — add to your briefcase to read the full text and ask questions with AI

31 U.S.C. § 9308 (Civil penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Source Credit

History

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1049.)

Editorial Notes

The section is substituted for 6:13 for clarity and consistency.