8 USC 1363 - Sec. 1363. Deposit of and interest on cash received to secure immigration bonds

8 USC - U.S. Code - Title 8: Aliens and Nationality (January 2004)


Permanent Link: http://vlex.com/vid/19271834

Id. vLex: VLEX-19271834

Click here to download this article in graphic format (Acrobat Reader)

Search in this document

Sponsored Ads:


Text:

  (a) Cash received by the Attorney General as security on an immigration bond shall be deposited in the Treasury of the United States in trust for the obligor on the bond, and shall bear interest payable at a rate determined by the Secretary of the Treasury, except that in no case shall the interest rate exceed 3 per centum per annum.

Such interest shall accrue from date of deposit occurring after April 27, 1966, to and including date of withdrawal or date of breach of the immigration bond, whichever occurs first: Provided, That cash received by the Attorney General as security on an immigration bond, and deposited by him in the postal savings system prior to discontinuance of the system, shall accrue interest as provided in this section from the date such cash ceased to accrue interest under the system.

Appropriations to the Treasury Department for interest on uninvested funds shall be available for payment of said interest. (b) The interest accruing on cash received by the Attorney General as security on an immigration bond shall be subject to the same disposition as prescribed for the principal cash, except that interest accruing to the date of breach of the immigration bond shall be paid to the obligor on the bond.


Abolition Of Immigration And Naturalization Service And Transfer Of

FUNCTIONS For abolition of Immigration and Naturalization Service, transfer of functions, and treatment of related references, see note set out under section 1551 of this title.

Other documents:
United States of America Plaintiff-Appellee v Anthony Lawrence Defendant-Appel... | Shammas vs. Neiman-Marcus (5th Cir. 1996) | CSX Corporation v The Childrens Investment Fund Management 2nd Cir 2008 | Madrid'16 mejora en un 31,6% el punto debil de Madrid'12, la oferta hotelera | resolucio tic/2494/2003 de 10 de juny de convocatòria de concurs específic de mèrits i capacitats per a la provisió del lloc de coordinador/a d oficines de treball ... | informacion publica de las bases especificas de la convocatoria de la ampliacion de la oferta... | 17 cfr 249.104 - form 4, statement of changes in beneficial ownership of securities. | Resolución de la Dirección General de Recursos Económicos de la Conselleria de Sanidad por la que se hace pública la ad... | 2003/c 280 e/077e-0633/03 de charles tannock al consejo asunto kosovo el iraq y la autoridad del consejo de seguridad de las nacion... | Case of Tribunal Superior de Justicia Malaga Andalucia Sala de lo Contencioso-Administrativo of March 03 1998 | ANUNCIO del Consejo Comarcal de La Ribera d'Ebre, sobre contratacion de personal. | Case of Tribunal Superior de Justicia Barcelona Cataluña Sala de lo Contencioso-Administrativo of October 08 1998