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    <title>Bond</title>
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    <description>A customs broker bond obliges the broker to provide a security deposit guaranteeing faithful conduct and payment of any sums due to the Government resulting from the broker&#039;s or employees&#039; misfeasance or negligence; the Government may apply the deposit to satisfy such liabilities. The bond remains effective for a fixed period after the broker ceases to act, permitting application of the deposit to liabilities discovered after cessation, and authorizes Commissioner-level acceptance on behalf of the President.</description>
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      <description>A customs broker bond obliges the broker to provide a security deposit guaranteeing faithful conduct and payment of any sums due to the Government resulting from the broker&#039;s or employees&#039; misfeasance or negligence; the Government may apply the deposit to satisfy such liabilities. The bond remains effective for a fixed period after the broker ceases to act, permitting application of the deposit to liabilities discovered after cessation, and authorizes Commissioner-level acceptance on behalf of the President.</description>
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