2014 April No.27 – Bonds


Modifications to a bond made prior to its signing by the parties to the bond require:

A. Initials of the parties placed adjacent to the modification

B. Nothing because the bond has not yet been signed by the parties

C. A statement of approval by the principal attached to the bond

D. Initials of the agent of the surety company placed adjacent to the modification

E. A statement by an agent of the surety company or by the personal sureties to that effect placed on the bond

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The Answer is: E

Citation: 19 CFR 113.23(b)

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