View all text of Subpart G [§ 113.61 - § 113.75]
§ 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.
Production of Bill of Lading Bond ConditionsIf 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.