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                            28.204-2 Certified or cashier’s checks, bank drafts, money orders, or currency.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart28.028.128.228.3
Section28.20028.20128.20228.20328.204
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28.204-2 Certified or cashier’s checks, bank drafts, money orders, or currency.28.204-2 Certified or cashier’s checks, bank drafts, money orders, or currency.       Any person required to furnish a bond has an option to furnish a certified or cashier’s check, bank draft, Post Office money order, or currency, in an amount equal to the penal sum of the bond, instead of furnishing surety or sureties on the bonds. Those furnishing checks, drafts, or money orders shall draw them to the order of the appropriate Federal agency.    **Parent topic:**  28.204 Alternatives in lieu of corporate or individual sureties.
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