[Code of Federal Regulations]
[Title 19, Volume 1]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR10.40]

[Page 109-110]
 
                        TITLE 19--CUSTOMS DUTIES
 
   CHAPTER I--BUREAU OF CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF 
              HOMELAND SECURITY; DEPARTMENT OF THE TREASURY
 
PART 10_ARTICLES CONDITIONALLY FREE, SUBJECT TO A REDUCED RATE, ETC.
--Table of Contents
 
                      Subpart A_General Provisions
 
Sec. 10.40  Refund of cash deposits.

    (a) When a cash deposit is made in lieu of surety, it shall be 
refunded to the person in whose name the entry is made upon exportation 
in compliance with Sec. 10.38.
    (b) If any article entered under Chapter 98, subchapter XIII, 
Harmonized Tariff Schedule of the United States, is not exported or 
destroyed within the period of time during which articles may remain in 
the Customs territory of the United States under bond (including any 
lawful extension), the port director shall notify the importer in 
writing that the entire cash deposit will be transferred to the regular 
account as liquidated damages unless a written application for relief 
from the payment of the full liquidated damages is filed with the port 
director within 60 days after the date of the notice. If such an 
application is timely filed, the transfer of the cash deposit to the 
regular account as liquidated damages shall be deferred pending the 
decision of the Headquarters, U.S. Customs

[[Page 110]]

Service or, in appropriate cases, the port director on the application.

[28 FR 14663, Dec. 31, 1963, as amended by T.D. 84-213, 49 FR 41165, 
Oct. 19, 1984; T.D. 89-1, 53 FR 41249, Dec. 21, 1988]

                          International Traffic