U.S. Code » Title 31 » Subtitle SUBTITLE VI— MISCELLANEOUS › Chapter CHAPTER 93— SURETIES AND SURETY BONDS

31 U.S.C. § 9301

Definitions

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In this chapter—(1) “person” means an individual, a trust, an estate, a partnership, and a corporation.(2) “eligible obligation” means any security designated as acceptable in lieu of a surety bond by the Secretary of the Treasury.(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1046; Pub. L. 109–351, title IX, § 901(a), Oct. 13, 2006, 120 Stat. 2007.)

Historical and Revision Notes

Revised Section

Source (U.S. Code)

Source (Statutes at Large)

9301

6:15(10th, last sentences).

In clause (1), the words after the semicolon are omitted as unnecessary because of the restatement.

Clause (2) is substituted for 6:15(last sentence) for consistency and to eliminate unnecessary words.

Editorial NotesAmendments

2006—Par. (2). Pub. L. 109–351 amended par. (2) generally. Prior to amendment, par. (2) read as follows: “ ‘Government obligation’ means a public debt obligation of the United States Government and an obligation whose principal and interest is unconditionally guaranteed by the Government.”

Notes of Decisions
Cited in 5 cases, 1987–2016 · leading case: Sciortino v. Gwinnett Cnty. Dep't of Water Resources (In re Sciortino), 561 B.R. 245 (Bankr. N.D. Ga. 2016).
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Sciortino v. Gwinnett Cnty. Dep't of Water Resources (In re Sciortino), 561 B.R. 245 (Bankr. N.D. Ga. 2016). “He cites to his schedules as showing sufficient equity for Defendants, which has not been rebutted, and he cites to 31 U.S.C. § 9301 and 31 CFR Parts 203, 225, and 380.”
United States v. One Parcel of Real Est. Located at 10691 S.W. 58th Street, 683 F. Supp. 1370 (S.D. Fla. 1987). “As a professional bonding agency authorized to issue and post surety bonds on behalf of defendants in criminal cases in the Southern District of Florida, noted for its heavy criminal docket, it can not be said ALLEGHENY was “reasonable” as a prudent bonding agency under the…”
Am. Motorists Ins. v. Villanueva, 706 F. Supp. 923 (Ct. Intl. Trade 1989). · cites it 2× “§ 1623 and 31 U.S.C. § 9301 et seq. (1982) to write bonds, moves for injunctive relief against enforcement of 19 C.”
Musso v. Baker, 834 F.2d 78 (3rd Cir. 1987). · cites it 2× ““Person” is defined in 31 U.S.C. § 9301 to include a trust. 31 U.”
Liberty Mut. Ins. Co. v. USA by Lamesa Nati (5th Cir. 2013). · cites it 2× “See 31 U.S.C. §§ 9301–9309. Of particular relevance, 31 U.”
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