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31 U.S.C. § 9303

Use of eligible obligations instead of surety bonds

United States · Title 31 — MONEY AND FINANCE · Status: effective

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31 U.S.C. § 9303, Use of eligible obligations instead of surety bonds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/467954
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Full text

If a person is required under a law of the United States to give a surety bond, the person may give an eligible obligation as security instead of a surety bond. The obligation shall— An official receiving an eligible obligation under subsection (a) of this section may deposit it with— Using an eligible obligation instead of a surety bond for security is the same as using— When security is no longer required, an eligible obligation given instead of a surety bond shall be returned to the person giving the obligation. If a person, supplying labor or material to a contractor defaulting under sections 3131 and 3133 of title 40, files with the United States Government the application and affidavit provided under section 3133(a) of title 40, the Government— This section does not affect the— right or remedy of the Government for default on an obligation provided under—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 97-258(H.R. 6128)1982-09-13
    A bill to revise, codify, and enact without substantive change certain general and permanent laws, related to money and finance, as title 31, United States Code, "Money and Finance".
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 107-217(H.R. 2068)2002-08-21
    To revise, codify, and enact without substantive change certain general and permanent laws, related to public buildings, property, and works, as title 40, United States Code, "Public Buildings, Property, and Works".
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 108-178(H.R. 1437)2003-12-15
    To improve the United States Code.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 109-351(S. 2856)2006-10-13
    Financial Services Regulatory Relief Act of 2006
    House: 417–0Senate: no recorded tally