Pub. L. 92-310, tit. I, sec. 104

existing surety bonds and liabilities

EnactedYear: 1972Length: 148 wordsOfficial source
existing surety bonds and liabilities Sec. 104. Each surety bond procured before the date of enactment of this Act for any of the civilian employees or military personnel of the Federal Government and in effect on such date shall remain in full force and effect for all periods provided in the bond subject to the cancellation and other provisions therein. Any change made by this Act in existing law shall not affect— (1) any liability of a surety to the Federal Government arising under the provisions of any such bond; (2) any responsibility of a surety upon any such bond of a consular officer under former section 1735 of the Revised Statutes (22 U.S.C. 1199); or (3) the jurisdiction of the United States district courts, concurrently with the courts of the several States, over any action brought on any such bond of an internal revenue officer or employee.