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a 
APPENDIX 
oan to the veteran by such person or any other person, 
Such naming shall be void. Any person who accepts an 
BSSignment of a certificate or receives a certificate as 
curity for a loan contrary to the provisions of this 
title, or who makes a loan to a veteran in consideration 
of the naming by the veteran of such person or any other 
Person as beneficiary, shall be guilty of a misdemeanor 
ind shall upon conviction thereof be fined not more than 
$500 or imprisoned not more than one year, or both. 
DEPOSITS OF UNITED STATES BONDS OR NOTES IN 
LIEU OF SURETY 
Section 1128 of the Revenue Act of 1928 
Sec. 1126. Wherever by the laws of the United States 
Or regulations made pursuant thereto, any person is 
fequired to furnish any recognizance, stipulation, bond, 
Suaranty, or undertaking, hereinafter called “penal 
bond,» with surety or sureties, such person may, in lieu 
of such surety or sureties, deposit as security with the 
0fficig] having authority to approve such penal bond, 
United States Liberty bonds or other bonds or notes of 
the United States in & sum equal at their par value to 
the amount of such penal bond required to be furnished, 
together with an agreement authorizing such official to 
Collect, or sell such bonds or notes so deposited in case of 
“y default in the performance of any of the conditions or 
Stipulations of such penal bond. The acceptance of such 
United States bonds or notes in lieu of surety or sureties 
quired by law shall have the same force and effect as 
Wdividual or corporate sureties, or certified checks, bank 
drafts, post-office money orders, or cash, for the penalty 
Or amount of such penal bond. The bonds or notes 
deposited hereunder and such other United States bonds 
Or notes as may be substituted therefor from time to 
time as such security, may be deposited with the Treas- 
rer of the United States, a Federal reserve bank, or other 
depositary duly designated for that purpose by the Sec- 
‘etary, which shall issue receipt therefor, describing such 
bonds or notes so deposited. As soon as security for the 
Performance of such penal bond is no longer necessary, 
Such bonds or notes so deposited shall be returned to the 
depositor: Provided, That in case a person or persons 
Supplying a contractor with labor or material as provided 
103