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§ 46.12 Deposit of securities in lieu of corporate surety.

27 CFR 46.12

Citation27 CFR 46.12
CorpusDaily eCFR
Displayed edition2026-08-17
Last updated2026-08-17

§ 46.12 Deposit of securities in lieu of corporate surety.

In lieu of corporate surety, the principal may pledge and deposit securities which are transferable and are guaranteed as to both interest and principal by the United States, in accordance with the provisions of 31 CFR part 225.