19 CFR 113.69 – Production of bills of lading bond conditions
A bond to produce a bill of lading must contain the conditions listed in this section and must be a single transaction bond.
Terms Used In 19 CFR 113.69
- CBP: means U. See 19 CFR 101.1
- United States: includes all territories and possessions of the United States, except the Virgin Islands, American Samoa, Wake Island, Midway Islands, Kingman Reef, Johnston Island, and the island of Guam. See 19 CFR 134.1
If the principal obtains release of any merchandise before filing a valid bill of lading on that merchandise with CBP, the obligors (principal and surety, jointly and severally) agree to:
(a) Produce timely a valid bill of lading for the merchandise; and
(b) Relieve the United States and its employees from all liability, to indemnify the United States and its employees against loss, and defend any action brought on a claim for loss based on the release without production of a valid bill of lading.