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§ 9308. Civil penalty

Version history — every release point where this text changed

Release point 119-87 · current through 04/30/2026

§ 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.

Source(Pub. L. 97–258,
Sept. 13, 1982
, 96 Stat. 1049.)
Notes
Historical and Revision Notes
Revised Section
Source (U.S. Code)
Source (Statutes at Large)
9308
6:13.
The section is substituted for 6:13 for clarity and consistency.

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Cite this exact text: /us/usc/?id=idbd92c2e4-47c4-11f1-bea6-82cea744851c

Citation URL: /us/usc/t31/s9308?release=119-87