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Q & A Surety Bonds
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Bond FAQs
Q1. What does "termination" of a bond mean?
Q2.
What happens if the obligations under the bond are not met?
Q3.
What are the obligations of the parties and where are the terms and conditions of a bond found?
Q4.
What are the bond amounts and how are they set?
Q5. What are the main types of bonds?
Q6. What formalities are associated with a Customs bond?
Q7. Who are the parties to a Customs bond?
Q8. What is CBP’s legal authority to require bonds?
Q9.
What is a CBP bond?
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