FEDERAL · 31 U.S.C. · Chapter 93
Civil penalty
Current through Pub. L. 119-102
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.
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31 U.S.C. § 9308 (Civil penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Colorado Division of Insurance v. Statewide Bonding, Inc.
(Colorado Court of Appeals, 2022)
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.