A surety may terminate its agreement to accept future obligations under a bond, with or without the consent of the principal, with reasonable notice of the termination made in compliance with the methods provided in 19 CFR, Part 113. Absent proof to CBP that a shorter time frame is reasonable under the facts and circumstances, how many days constitute reasonable notice for bond termination from the terminating surety to the principal and CBP? (2025 October No.45 – Entry / Entry Summary)
A) 7 business days
B) 10 business days
C) 15 days
D) 30 days
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The Answer is: D
Citation: 19 CFR 113.27(b)
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