31 U.S.C. § 9308Chapter 93

§9308. Civil penalty

Primary source

Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.

Full Text

§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.

Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
9308 6:13.

The section is substituted for 6:13 for clarity and consistency.

Last amended: December 31, 2024

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