31 USC 9310: Individual sureties
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31 USC 9310: Individual sureties Text contains those laws in effect on November 20, 2024
From Title 31-MONEY AND FINANCESUBTITLE VI-MISCELLANEOUSCHAPTER 93-SURETIES AND SURETY BONDS
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§9310. Individual sureties

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-

(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 shall deposit the obligations as described under section 9303(b).

(Added Pub. L. 114–92, div. A, title VIII, §874(a)(1), Nov. 25, 2015, 129 Stat. 940 .)


Statutory Notes and Related Subsidiaries

Effective Date

Section effective 1 year after Nov. 25, 2015, see section 874(c) of Pub. L. 114–92, set out as an Effective Date of 2015 Amendment note under section 694b of Title 15, Commerce and Trade.