19 CFR 113.51 - Cancellation of bond or charge against the bond.

Code of Federal Regulations - Title 19: Customs Duties

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Title 19: Customs Duties

CHAPTER I: U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY; DEPARTMENT OF THE TREASURY

PART 113: CUSTOMS BONDS

Subpart F: Assessment of Damages and Cancellation of Bond

113.51 - Cancellation of bond or charge against the bond.

The Commissioner of Customs may authorize the cancellation of any bond provided for in this part or any charge that may have been made against the bond, in the event of a breach of any condition of the bond, upon payment of a lesser amount or penalty or upon such other terms and conditions as may be deemed sufficient.

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