Federal regulations · Through 2026-08-25 · Newer source version available

19 CFR 113.31: Same party as principal and surety; attorney in fact.

Where this section sits in the code

Title 19—Customs Duties
CHAPTER I—U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY; DEPARTMENT OF THE TREASURY
PART 113—CBP BONDS
Subpart D—Principals and Sureties

(a) Same party as principal and surety. The same person, partnership, or corporation cannot be both principal and surety on a bond.

(b) Attorney in fact for principal or surety. In executing a bond, a person may act as:

(1) Attorney in fact for both principal and surety;

(2) Surety and attorney in fact for the principal; or

(3) Principal and attorney in fact for the surety.

Collected 2026-08-27T02:24:40Z. Source file · JSON