31 U.S.C. 9308: Civil penaltyText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 31-MONEY AND FINANCECHAPTER 93-SURETIES AND SURETY BONDS
§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 Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
9308 | 6:13. |
The section is substituted for 6:13 for clarity and consistency.
