31 USC 9308 - Sec. 9308. Civil penalty
31 USC - US Code - Title 31: Money and Finance (January 2003)
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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.
Historical And Revision Notes Revised Source (U.S. Code) Source (Statutes at Large) Section 9308 6:13. The section is substituted for 6:13 for clarity and consistency. Section Referred To In Other Sections This section is referred to in section 9307 of this title; title 5 section 8478; title 12 section 1766; title 29 sections 502, 1112, 1363.
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