§9306. Surety corporations acting outside area of incorporation and place of principal office — Inbound Citations
31 U.S.C. § 9306
Cited by 4 provisions in release 119-102.
Citations to 31 U.S.C. § 9306 as a whole
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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.