Demand on surety.

19 C.F.R. § 172.4
in effectEffective: 2024-07-01
Sign in to generate a plain English summaryAsk Belisarius Agent
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.

Starting a business? Corpus forms LLCs in all 50 states and DC.