Title 31 — Money and FinanceRelease 119-73not60
§9308 Civil Penalty
Title 31 › Subtitle SUBTITLE VI— MISCELLANEOUS › Chapter 93— SURETIES AND SURETY BONDS › § 9308
Summary
A surety corporation pays a $500–$5,000 fine for violating sections 9304–9306. The government may sue where allowed under section 9307, and fines don’t void the corporation’s contracts.
Full Legal Text
Title 31, §9308
Money and Finance — Source: USLM XML via OLRC
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.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 93086:13. The section is substituted for 6:13 for clarity and consistency.
Reference
Citations & Metadata
Citation
31 U.S.C. § 9308
Title 31 — Money and Finance
Last Updated
Apr 5, 2026
Release point: 119-73not60