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Title 31 — Money and Finance

Chapter 93 — Sureties and Surety Bonds

§ 9310. Individual sureties

Statutory 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).

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.

  1. National Defense Authorization Act for Fiscal Year 2016

    Pub. L. 114–92 div. A title VIII § 874(a)(1) · 129 Stat. 726

    Enacted · 31 U.S.C. § 9310

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

    Source evidence

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

    Enacted provision · exact public law section
    (1) by adding at the end the following: “§ 9310. Individual sureties   “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).” ; and

1 of 1 references resolved to an enrolled provision

Statutory Notes and Related Subsidiaries

Effective Date

Section effective 1 year after , 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.

Credits

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

Parsed from the official OLRC USLM XML in data/usc_all/usc31.xml · release point 119-108 · OLRC build 2026-09-16

USLM identifier /us/usc/t31/s9310