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.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1049.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 9308 | 6:13. |
Sections: Previous 9301 9302 9303 9304 9305 9306 9307 9308 9309 9501 9502 9503 9504 9701 9702 Next
Last modified: October 26, 2015