Which of the following is true regarding bond riders?
A. A rider must be filed with Customs headquarters
B. All riders expressly authorized by the Port Director shall be securely attached to the related bond to prevent their loss or misplacement
C. A bond rider may not be used to change the address of a principal on a bond
D. All riders expressly authorized by the Assistant Commissioner shall be securely attached to the related bond to prevent their loss or misplacement
E. If a new corporation is created as a result of a merger, reorganization or similar action, a bond rider for a name change of the principal can not be used
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The Answer is: E
Citation: 19 CFR 113.24(a)(1)
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