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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - 31 U.S.C. § 9308 - U.S. Code - Unannotated Title 31. Money and Finance § 9308. Civil penalty - last updated January 01, 2024 | https://codes.findlaw.com/us/title-31-money-and-finance/31-usc-sect-9308/
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