19 C.F.R. § 113.3
Liability of surety on a terminated bond
The surety, as well as the principal, remains liable on a terminated bond for obligations incurred prior to termination.
Notes of Decisions
Cited in 1
case, 1980–1980 · leading case: United States v. Desiree Int'l U. S. A., Ltd., 497 F. Supp. 264 (S.D.N.Y. 1980).
United States v. Desiree Int'l U. S. A., Ltd., 497 F. Supp. 264 (S.D.N.Y. 1980). “See 19 C.F.R. § 113.3 . Desiree has not contested or objected to the liquidation in any way, nor appeared in this action.”
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