U.S. Customs And Border Protection Bars Use Of Customs Bond Forms With Extraneous Information
On April 29, 2009, U.S. Customs and Border Protection (CBP)
issued a notice to the effect that certain surety companies and
some customs brokers, acting as agents for sureties, are using CBP
301 Customs Bond forms that include extraneous information such as
"power of attorney limited to (dollar amount)." CBP has
directed all sureties and customs brokers to discontinue, effective
immediately, use of any CBP 301 form that has such extraneous
information. The restriction applies to all CBP Customs Bond
forms.
Those who have signed such a form that includes this extraneous
information may want to seek legal counsel to review the document
to determine whether changes are necessary.
If you have any questions about this topic or would like
more information, please contact Brian S. Goldstein, any member of
the International Practice Group or the attorney in the firm with
whom you are regularly in contact.
This article is for general information and does not include
full legal analysis of the matters presented. It should not be
construed or relied upon as legal advice or legal opinion on any
specific facts or circumstances. The description of the results of
any specific case or transaction contained herein does not mean or
suggest that similar results can or could be obtained in any other
matter. Each legal matter should be considered to be unique and
subject to varying results. The invitation to contact the authors
or attorneys in our firm is not a solicitation to provide
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