2016 April No.74 – Bonds


The principal agrees to comply with all Importer Security Filing requirements set forth in part 149 of this chapter, including but not limited to, providing security filing information to Customs and Border Protection in the manner and in the time period prescribed by regulation. If the principal defaults with regard to any obligation, the principal and surety (jointly and severally) must pay liquidated damages of _______ for each violation.

a) 1000

b) 2000

c) 5000

d) 10000

e) 15000

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The Answer is: C

Citation: 19CFR113.62(j)

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