Title 31 — Money and Finance
Chapter 93 — Sureties and Surety Bonds
§ 9308. Civil penalty
Statutory text
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.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 97–258 · 96 Stat. 1049
Enacted · 31 U.S.C. § 9308
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1049.)
Source evidence
Code source credit
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1049.)
0 of 1 references resolved to an enrolled provision · 1 partial
Notes
historicalAndRevision
| Historical and Revision Notes | ||
|---|---|---|
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
| 9308 | 6:13. | |
The section is substituted for 6:13 for clarity and consistency.
Credits
(Pub. L. 97–258, , 96 Stat. 1049.)