19 CFR § 147.3 - Bond required.

---
identifier: "/us/cfr/t19/s147.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "19 CFR § 147.3 - Bond required."
title_number: 19
title_name: "Customs Duties"
section_number: "147.3"
section_name: "Bond required."
chapter_name: "U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY; DEPARTMENT OF THE TREASURY"
part_number: "147"
part_name: "TRADE FAIRS"
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, 1751-1756, unless otherwise noted."
regulatory_source: "T.D. 70-134, 35 FR 9268, June 13, 1970, unless otherwise noted."
cfr_part: "147"
---


# 147.3 Bond required.

The fair operator shall file a bond on Customs Form 301, containing the bond conditions set forth in § 113.62 of this chapter in such amount as the port director requires. Liquidated damages shall be assessed by the port director under the bond if payments required by §§ 147.33, 147.41 or 147.43 are not paid upon demand.

[T.D. 84-213, 49 FR 41186, Oct. 19, 1984]