[Code of Federal Regulations]
[Title 19, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR111.45]

[Page 476]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 111--CUSTOMS BROKERS--Table of Contents
 
        Subpart C--Duties and Responsibilities of Customs Brokers
 
Sec. 111.45  Revocation by operation of law.

    (a) License. If a broker that is a partnership, association, or 
corporation fails to have, during any continuous period of 120 days, at 
least one member of the partnership or at least one officer of the 
association or corporation who holds a valid individual broker's 
license, that failure will, in addition to any other sanction that may 
be imposed under this part, result in the revocation by operation of law 
of the license and any permits issued to the partnership, association, 
or corporation. The Assistant Commissioner or his designee will notify 
the broker in writing of an impending revocation by operation of law 
under this section 30 calendar days before the revocation is due to 
occur.
    (b) Permit. If a broker who has been granted a permit for an 
additional district fails, for any continuous period of 180 days, to 
employ within that district (or region, as defined in Sec. 111.1, if an 
exception has been granted pursuant to Sec. 111.19(d)) at least one 
person who holds a valid individual broker's license, that failure will, 
in addition to any other sanction that may be imposed under this part, 
result in the revocation of the permit by operation of law.
    (c) Notification. If the license or an additional permit of a 
partnership, association, or corporation is revoked by operation of law 
under paragraph (a) or (b) of this section, the Assistant Commissioner 
or his designee will notify the organization of the revocation. If an 
additional permit of an individual broker is revoked by operation of law 
under paragraph (b) of this section, the Assistant Commissioner or his 
designee will notify the broker. Notice of any revocation under this 
section will be published in the Customs Bulletin.
    (d) Applicability of other sanctions. Notwithstanding the operation 
of paragraph (a) or (b) of this section, each broker still has a 
continuing obligation to exercise responsible supervision and control 
over the conduct of its brokerage business and to otherwise comply with 
the provisions of this part. Any failure on the part of a broker to meet 
that continuing obligation during the 120 or 180-day period referred to 
in paragraph (a) or (b) of this section, or during any shorter period of 
time, may result in the initiation of suspension or revocation 
proceedings or the assessment of a monetary penalty under subpart D or 
subpart E of this part.