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Code · CFR · Title 19 — Customs Duties · Part 172 — Claims for Liquidated Damages; Penalties Secured by Bonds · § 172.4

§ 172.4. Demand on surety.

68 words·~1 min read·/us/cfr/t19/s§ 172.4·

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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.
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§ 172.4
Demand on surety.
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