Quick Imports, a Customs broker incorporated in Texas, is purchased by an
unlicensed person (i.e., freight forwarder). The freight forwarder dissolves the
corporate Customs broker, and reincorporates in Delaware. The dissolution of
Quick Imports, Inc. requires that a new federal identification number be obtained.
The new owners intend to conduct “Customs businesses” under the name of East
West Imports, Inc.
All of the below-identified answer are correct EXCEPT.
A. Quick Imports, Inc. shall notify CBP of the changes in the Articles of Incorporation.
B. A corporate Customs broker applicant shall be empowered under its Articles of Incorporation to transact Customs business as a broker.
C. Mr. Lee, a Korean citizen and president of the freight forwarder, may not be the officer to qualify East West Imports corporate Customs broker’s license.
D. East West Imports, Inc. may engage in “Customs business” using Quick Imports, Inc. former Customs broker’s license, filer code and permits.
E. East West Imports, Inc. may not obtain a district permit in the State of Texas.
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The Answer is: D
Citation: 19 CFR 111.11
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