65 Which statement about CBP Form 301 Customs bond requirements is NOT true?
A. A surety may terminate a Customs bond on which it is obligated only when it has the consent of all the principals listed on the bond
B. The names of the principal and sureties and their respective places of residence shall appear on the bond
C. Lines shall be drawn through all spaces and blocks on the bond which are not filled in
D. The bond liability amount of any Customs bond shall be stated as the next highest dollar amount
E. A bond rider to change the name of a principal may be used only when the change of name does not change the legal identity or status of the principal
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The Answer is: A
Citation: 19 CFR 113.27(b)
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