[Code of Federal Regulations]
[Title 19, Volume 1]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR113.65]

[Page 501]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 113--CUSTOMS BONDS--Table of Contents
 
                   Subpart G--Customs Bond Conditions
 
Sec. 113.65  Repayment of erroneous drawback payment bond conditions.

    A bond for repayment of erroneous drawback shall contain the 
conditions listed in this section and may be either a single entry or 
continuous bond.

         Repayment of Erroneous Drawback Payment Bond Conditions

    (a) Agreement Under Exporter's Summary Procedure. If the principal 
is permitted to file drawback claims under the exporter's summary 
procedure and the principal's drawback claims are paid before a final 
determination that the principal:
    (1) Is entitled to the drawback claimed.
    (2) Correctly described the exported articles in the claim.
    (3) Correctly stated the facts of exportation in the claim; the 
principal and surety, jointly and severally agree to refund, on demand, 
any money claimed by Customs to have been erroneously paid as a result 
of an incorrect statement on the drawback claim, and
    (4) The principal agrees to pay any charges due Customs as provided 
by law or regulation.
    (b) Agreement Under Accelerated Payment of Drawback. If the 
principal receives an accelerated payment of drawback based on the 
principal's calculation of the drawback claim, the principal and surety, 
jointly and severally agree to refund on demand the full amount of any 
overpayment, as determined on liquidation of the drawback claim.

[T.D. 84-213, 49 FR 41171, Oct. 19, 1984, as amended by T.D. 86-178, 51 
FR 34959, Oct. 1, 1986; T.D. 88-72, 53 FR 45902, Nov. 15, 1988]