Customs security bond requires exporter and surety liability unless landing certificate proves shipment and landing. The bond obliges the shipper and a surety to pay the Government unless the goods are shipped and landed at the named port and a landing certificate is delivered to Customs within three months or satisfactory account for non delivery is provided; it imposes joint and several liability, preserves surety liability despite forbearance or extensions, and makes the Government's decision on disputed amounts final.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs security bond requires exporter and surety liability unless landing certificate proves shipment and landing.
The bond obliges the shipper and a surety to pay the Government unless the goods are shipped and landed at the named port and a landing certificate is delivered to Customs within three months or satisfactory account for non delivery is provided; it imposes joint and several liability, preserves surety liability despite forbearance or extensions, and makes the Government's decision on disputed amounts final.
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