31 U.S.C. · Money and Finance
31 U.S.C. § 9308

Civil penalty

Ch. 93 — Sureties and Guarantees
Title 31 U.S.C. ● ACTIVE Primary Source Ch. 93
Statutory Text

31 U.S.C. § 9308 — Civil penalty

U.S.C. Title 31 - MONEY AND FINANCE 31 U.S.C. United States Code, 2023 Edition Title 31 - MONEY AND FINANCE SUBTITLE VI - MISCELLANEOUS CHAPTER 93 - SURETIES AND SURETY BONDS Sec. 9308 - Civil penalty From the U.S. Government Publishing Office, www.gpo.gov

§9308. Civil penalty

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.

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

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

9308 6:13.

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

Source: uscode.house.gov — public domain Official Source ↗
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31 U.S.C. § 9308
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