25 C.F.R. § 115.903 – May cash bonds (e.g., performance bonds, appeal bonds, etc.) be deposited into a special deposit account? | Midpage
§ 115.903
25 C.F.R. § 115.903
May cash bonds (e.g., performance bonds, appeal bonds, etc.) be deposited into a special deposit account?
Effective Dec 12, 2016
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.