26 U.S.C. § 7101 — Form of bonds
submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 104 words · no verdicts yet
This section sets the form and surety requirements for bonds or security required under the this title. It allows United States bonds or notes to be deposited instead of a surety bond as provided in section 9303 of title 31.
Whenever, pursuant to the provisions of this title (other than section 7485), or rules or regulations prescribed under authority of this title, a person is required to furnish a bond or security— (1) General rule Such bond or security must be in such form and with such surety or sureties as may be prescribed by regulations issued by the Secretary*. (2) United States bonds and notes in lieu of surety bonds The person required to furnish such bond or security may, in lieu of it, deposit bonds or notes of the United States as provided in section 9303 of title 31 , United States Code.
Whenever, pursuant to the provisions of this title (other than section 7485), or rules or regulations prescribed under authority of this title, a person is required to furnish a bond or security—
Such bond or security shall be in such form and with such surety or sureties as may be prescribed by regulations issued by the Secretary*.
The person required to furnish such bond or security may, in lieu thereof, deposit bonds or notes of the United States as provided in section 9303 of title 31, United States Code.
Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 847; Pub. L. 92–310, title II, § 230(b), June 6, 1972, 86 Stat. 209; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 97–258, § 3(f)(11), Sept. 13, 1982, 96 Stat. 1065.)
- 1954Enacted · Act of Aug. 16, 1954, ch. 736
- 1972Amended · Pub. L. 92-310 · 86 Stat. 209
- 1976Amended · Pub. L. 94-455 · 90 Stat. 1834
- 1982Amended · Pub. L. 97-258 · 96 Stat. 1065
A history note hasn’t been published yet. The record shows enactment by ch. 736 on 1954-08-16.
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