19 CFR § 113.34 - Co-principals.

---
identifier: "/us/cfr/t19/s113.34"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "19 CFR § 113.34 - Co-principals."
title_number: 19
title_name: "Customs Duties"
section_number: "113.34"
section_name: "Co-principals."
chapter_name: "U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY; DEPARTMENT OF THE TREASURY"
part_number: "113"
part_name: "CBP BONDS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "19 U.S.C. 66, 1623, 1624."
regulatory_source: "T.D. 84-213, 49 FR 41171, Oct. 19, 1984, unless otherwise noted."
cfr_part: "113"
---


# 113.34 Co-principals.

A bond with a co-principal may be used by a person having a distinct legal status (e.g., individual, partnership, corporation) to join another person with the same distinct legal status on the bond. A bond with a co-principal may not be used to join an entity which does not have a distinct legal status (e.g. an unincorporated division of a corporation). However, an entity which does not have a distinct legal status may use another bond if listed on the bond by the principal at the time of execution or by subsequent rider (see § 113.24). A bond with co-principal may not be used to join different legal entities (e.g. an individual and a corporation, a partnership and a corporation).

[T.D. 84-213, 49 FR 41171, Oct. 19, 1984, as amended by CBP Dec. 15-15, 80 FR 70165, Nov. 13, 2015]