§ 40.134. Amount of blanket bond.
138 words·~1 min read·
/us/cfr/t27/s§ 40.134·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the case of a blanket bond filed under the provisions of § 40.67, where the total amount of individual bonds otherwise required for the factories under § 40.133 does not exceed \$250,000, such blanket bond shall be not less than the total amount of such individual bonds. Where the total amount of such individual bonds required is in excess of \$250,000 but not in excess of \$500,000, the amount of the blanket bond shall be not less than \$250,000 plus 50 percent of such total amount which is in excess of \$250,000.
Where the total amount of such individual bonds required is in excess of \$500,000 the amount of the blanket bond shall be not less than \$375,000 plus 25 percent of such total amount which is in excess of \$500,000. (72 Stat. 1421; 26 U.S.C. 5711)
Connectionstraces to 1
Traces to 1 document
U.S. Code
1 reference not yet in our index
- 72 Stat. 1421
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources