April 2021 — Question 45

Whenever a bond is required or authorized by law, regulation, or instruction, the Commissioner of CBP may do all of the following EXCEPT:

• APrescribe the conditions and form of the bond and fix the amount of penalty, whether for the payment of liquidated damages, or of a penal sum, except as otherwise specifically provided by law.
• BProvide for the denial of the sureties on the bond, without regard to any general provision of law.✓ CBP's answer
• CAuthorize the execution of a term bond, the conditions of which will extend to and cover similar cases of importations over a period of time, not to exceed one year or such longer period as he may fix, when in his opinion special circumstances warrant a longer period.
• DAuthorize the taking of a consolidated bond (single transaction or term) in lieu of separate bonds to assure compliance with two or more provisions of law, regulation, or instruction. Such a consolidated bond will have the same force and effect as the separate bonds in lieu of which it was taken.
• EThe Commissioner of CBP may fix the penalty for violation of a consolidated bond without regard to any other provision of law, regulation, or instruction.