19 CFR 147.3
§ 147.3 Bond required.
United States · 19 CFR — Customs Duties · Status: effective
Cite this
- Citation
- 19 CFR 147.3, § 147.3 Bond required, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/74753
- Permanent ID
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Full text
The fair operator shall file a bond on Customs Form 301, containing the bond conditions set forth in § 113.62 of this chapter in such amount as the port director requires. Liquidated damages shall be assessed by the port director under the bond if payments required by §§ 147.33, 147.41 or 147.43 are not paid upon demand.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.