[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: 19CFR113.71]

[Page 504]
 
                        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. 113.71  Bond condition to observe neutrality.

    A bond to observe neutrality shall contain the conditions listed in 
this section and shall be a single entry bond.

                  Bond Condition To Observe Neutrality

    (a) If clearance is granted to the principal's vessel, which is 
armed or is built for a war-like purpose, with a cargo of arms and 
munitions, so that it is likely to be used to commit hostilities against 
people or countries with whom the Government of the United States is at 
peace, the principal guarantees that the vessel will not be used to 
commit hostilities against any country, state, colony, or people with 
whom the Government is at peace.
    (b) If the principal defaults, the obligors (principal and surety, 
jointly and severally) agree to pay liquidated damages equal to twice 
the value of the vessel and cargo.

[T.D. 84-213, 49 FR 41171, Oct. 19, 1984, as amended by T.D. 88-72, 53 
FR 45902, Nov. 15, 1988]