U.S Code last checked for updates: May 02, 2024
§ 9307.
Civil actions and judgments against surety corporations
(a)
(1)
A surety corporation providing a surety bond under section 9304 of this title may be sued in a court of the United States having jurisdiction of civil actions on surety bonds in—
(A)
the judicial district in which the surety bond was provided; or
(B)
the district in which the principal office of the corporation is located.
(2)
Under sections 9304–9308 of this title, a surety bond is deemed to be provided in the district—
(A)
in which the principal office of the surety corporation is located;
(B)
to which the surety bond is returnable;
(C)
in which the surety bond is filed; and
(D)
in which the person required to provide a surety bond resided when the bond was provided.
(b)
In a proceeding against a surety corporation providing a surety bond under section 9304 of this title, the corporation may not deny its power to provide a surety bond or to assume liability.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1049.)
cite as: 31 USC 9307