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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 19 - Customs Duties |
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Chapter I - U.S. Customs and Border Protection, Department of Homeland Security; Department of the Treasury |
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Part 172 - Claims for Liquidated Damages; Penalties Secured by Bonds |
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Subpart A - Notice of Claim and Application for Relief |
§ 172.4 - Demand on surety.
Latest version.
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§ 172.4 Demand on surety.
If the principal fails to file a petition for relief or fails to comply in the prescribed time with a decision to mitigate a penalty or cancel a claim for liquidated damages issued with regard to a petition for relief, Customs will make a demand for payment on surety. The surety will then have 60 days from the date of the demand to file a petition for relief.