§ 225.16 - Penal bonds; form to be used with bonds or notes as security.  


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  • Penal bonds on which bonds or notes are accepted as security in lieu of surety or sureties may be substantially in Form F. Administrative officers of the Government may, however, use other forms of penal bonds appropriate to the work of their respective offices: Provided, That upon the execution of the penal bond the principal shall indorse on the face thereof and sign the following statement: