§147.3. Bond required.
19 C.F.R. § 147.3
The fair operator shall file a bond on Customs Form 301, containing the bond conditions set forth in § 113.62 of this chapter in such amount as the port director requires. Liquidated damages shall be assessed by the port director under the bond if payments required by §§ 147.33, 147.41 or 147.43 are not paid upon demand.
Notes, amendments, and revision history
Amendments
[T.D. 84-213, 49 FR 41186, Oct. 19, 1984]
Authority
Authority: 19 U.S.C. 66, 1623, 1624, 1751-1756, unless otherwise noted.
Source
Source: T.D. 70-134, 35 FR 9268, June 13, 1970, unless otherwise noted.
Amendments
[T.D. 84-213, 49 FR 41186, Oct. 19, 1984]