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Public Money
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In Lieu of Surety Bonds
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Collateral

Overview

Public money on deposit at financial institutions must be secured through collateral.

Persons required by Federal law to give an agency a surety bond instead may provide a bond secured by Government obligations.

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Contacts

Phone: (202) 874-7055
E-mail: Mary.Bailey@fms.treas.gov

Updates

Updated April 18, 2007
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