Regulations last checked for updates: May 16, 2024

Title 19 - Customs Duties last revised: Apr 24, 2024
§ 113.45 - Charge for production of a missing document made against a continuous bond.

When a continuous bond secures the production of a missing document and the bond is breached by the principal's failure to timely produce that document, the claim for liquidated damages must be in an amount equal to the amount of the single transaction bond that would have been taken had the transaction been covered by a single transaction bond.

[T.D. 84-213, 49 FR 41171, Oct. 19, 1984, as amended by CBP Dec. 15-15, 80 FR 70167, Nov. 13, 2015]
authority: 19 U.S.C. 66,1623,1624
source: T.D. 84-213, 49 FR 41171, Oct. 19, 1984, unless otherwise noted.
cite as: 19 CFR 113.45