What must a corporate broker do to continue to conduct Customs business after the corporate officer who qualified its license retires?(2022 October No.76 – Broker Compliance)
A) Submit a request for a waiver to CBP allowing continued use of the broker’s license to conduct Customs business.
B) Appoint a new broker as an officer of the corporation and notify CBP of the new license qualifier.
C) Submit a power of attorney to CBP from the retiring license qualifier.
D) Notify the port director in writing that the broker has retired and is no longer an officer of the corporation but will continue to be the license qualifier.
E) Notify the broker who is retiring to surrender the broker’s license to CBP for cancellation.
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The Answer is: B
Citation: 19 CFR 111
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