31 U.S.C. § 9310 — Individual sureties
submitted 11 years ago by Pub. L. 114-92 to r/title-31-MONEY-AND-FINANCE · 79 words · no verdicts yet
This section addresses Individual sureties. It sets out the duties, permissions, requirements, or definitions stated in the section.
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 must—
(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 must deposit the obligations as described under section 9303(b).
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—
consist of eligible obligations described under section 9303(a); and
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).
Source credit: (Added Pub. L. 114–92, div. A, title VIII, § 874(a)(1), Nov. 25, 2015, 129 Stat. 940.)
- 2015Enacted · Pub. L. 114-92 · 129 Stat. 940
A history note hasn’t been published yet. The record shows enactment by Pub. L. 114-92 on 2015-11-25.
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