31 U.S. Code § 9304 - Surety corporations
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(a) When a law of the United States Government requires or permits a person to give a surety bond through a surety, the person satisfies the law if the surety bond is provided for the person by a corporation—
(1) incorporated under the laws of—
(2) that may under those laws guarantee—
Source(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1047.)
|Revised Section||Source (U.S. Code)||Source (Statutes at Large)|
Subsection (a) is substituted for 6:6(1st sentence) to eliminate unnecessary words and for clarity and consistency. Clause (3) is added for clarity.
In subsection (b), the words “Each surety bond” are substituted for “Such recognizance, stipulation, bond, or undertaking”, the words “official of the Government” are substituted for “head of department, court, judge, officer, board, or body executive, legislative, or judicial”, and the word “official” is substituted for “officer or person having the approval of any bond”, to eliminate unnecessary words and for clarity and consistency.