Sec. 3906. Bonding requirement
124 words·~1 min read·
/bill/113/s/744/es/section-3906A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary of State may assess a bond amount sufficient to ensure the ability of a sponsor to discharge its responsibilities and to ensure protection of exchange visitors, including wages or stipends. In requiring a sponsor to post the bond, the Secretary of State shall take into account the degree to which the sponsor’s assets can be reached by United States courts. The Secretary of State, by regulation, shall establish the conditions under which the bond amount is determined, paid, and forfeited, which shall include the sponsor’s history of compliance.
The bond requirements and forfeiture of the bond under this section shall be in addition to or, pursuant to court order, in conjunction with, other remedies under 3910 or any other provision of law.