(a)(1) A surety corporation providing a surety bond under section 9304 of this title may be sued in a court of the United States having jurisdiction of civil actions on surety bonds in—
(A) the judicial district in which the surety bond was provided; or
(B) the district in which the principal office of the corporation is located.
(2) Under sections 9304–9308 of this title, a surety bond is deemed to be provided in the district—
(A) in which the principal office of the surety corporation is located;
(B) to which the surety bond is returnable;
(C) in which the surety bond is filed; and
(D) in which the person required to provide a surety bond resided when the bond was provided.
(b) In a proceeding against a surety corporation providing a surety bond under section 9304 of this title, the corporation may not deny its power to provide a surety bond or to assume liability.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1049.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 9307(a) | 6:10. | |
| 9307(b) | 6:12. |
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Last modified: October 26, 2015