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19 C.F.R. § 113.31   Same party as principal and surety; attorney in fact.

Title 19 - Customs Duties

Title 19: Customs Duties
PART 113—CUSTOMS BONDS
Subpart D—Principals and Sureties

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§ 113.31   Same party as principal and surety; attorney in fact.

(a) Same party as principal and surety. The same person, partnership, or corporation cannot be both principal and surety on a bond.

(b) Attorney in fact for principal or surety. In executing a bond, a person may act as:

(1) Attorney in fact for both principal and surety;

(2) Surety and attorney in fact for the principal; or

(3) Principal and attorney in fact for the surety.

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