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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 31 U.S.C. § 9304 Surety corporations us united_states_code code_section 31 MONEY AND FINANCE 93 SURETIES AND SURETY BONDS 9304 31 U.S.C. § 9304 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip /us/usc/t31/s9304 data/legal/raw/us/code/title-31/usc31.xml 9175089a00176aadf11b81ae3882eaa655e04decbee0b2f7342c6b063a4ab171 94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704 4713472d0d1b91460124b46e31aacc041b238e78ef1b20a34ffcb642b8526a60 2026-07-04 official
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31 U.S.C. § 9304 - Surety corporations

Text

(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—

(A) the United States; or

(B) a State, the District of Columbia, or a territory or possession of the United States;

(2) that may under those laws guarantee—

(A) the fidelity of persons holding positions of trust; and

(B) bonds and undertakings in judicial proceedings; and

(3) complying with sections 9305 and 9306 of this title.

(b) Each surety bond shall be approved by the official of the Government required to approve or accept the bond. The official may not require that the surety bond be given through a guaranty corporation or through any particular guaranty corporation.

(Pub. L. 97258, Sept. 13, 1982, 96 Stat. 1047.)

Notes

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 93046:6. 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.