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.
Open Table| 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 Notes
Amendments
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."
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