§9308. Civil penalty
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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.
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 9308 | 6:13. |
The section is substituted for 6:13 for clarity and consistency.
Recent related rulemaking (Federal Register)
No recent rulemaking references this section title in the Federal Register.
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