31 U.S.C. § 9310 — Individual sureties

FEDERAL · 31 U.S.C. · Chapter 93

Individual sureties

31 U.S.C. § 9310

Chapter93 — SURETIES AND SURETY BONDS

This text of 31 U.S.C. § 9310 (Individual sureties) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

31 U.S.C. § 9310.

Text

If another applicable Federal law or regulation permits the acceptance of a bond from a surety that is not subject to sections 9305 and 9306 and is based on a pledge of assets by the surety, the assets pledged by such surety shall—

(1)consist of eligible obligations described under section 9303(a); and

(2)be submitted to the official of the Government required to approve or accept the bond, who shall deposit the obligations as described under section 9303(b).

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If another applicable Federal law or regulation permits the acceptance of a bond from a surety that is not subject to sections 9305 and 9306 and is based on a pledge of assets by the surety, the assets pledged by such surety shall—
(1) consist of eligible obligations described under section 9303(a); and
(2) be submitted to the official of the Government required to approve or accept the bond, who shall deposit the obligations as described under section 9303(b).

Source Credit

History

(Added Pub. L. 114–92, div. A, title VIII, §874(a)(1), Nov. 25, 2015, 129 Stat. 940.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Effective Date
Section effective 1 year after Nov. 25, 2015, see section 874(c) of Pub. L. 114–92, set out as an Effective Date of 2015 Amendment note under section 694b of Title 15, Commerce and Trade.

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Bluebook (online)

31 U.S.C. § 9310, Counsel Stack Legal Research, https://law.counselstack.com/usc/31/9310.