25 C.F.R. § 115.903

May cash bonds (e.g., performance bonds, appeal bonds, etc.) be deposited into a special deposit account?

Last amended: 2016Year: 2025Length: 38 wordsOfficial source

Cite as 25 C.F.R. § 115.903 (2025)

No, cash bonds may not be deposited with OTFM, which includes the special deposit accounts at OTFM. Cash bonds held by the Secretary are to be deposited in non-interest bearing accounts until the term of the bonds expire.
25 C.F.R. § 115.903: May cash bonds (e.g., performance bonds, appeal bonds, etc.) be deposited into a special deposit account? | Justis AI