Bond Official Law and Legal Definition

Bond official means “an agency official having authority under Federal law or regulation to approve a bond with surety or sureties and to approve a bond secured by Government obligations.” [31 CFR 225.2; Title 31-Money And Finance: Treasury; Subtitle B-Regulations Relating To Money And Finance; Chapter Ii-Fiscal Service, Department Of The Treasury; Subchapter A-Financial Management Service; Part 225 -Acceptance Of Bonds Secured By Government Obligations In Lieu Of Bonds With Sureties.]