October 2025 — Question 45
A surety may terminate its agreement to accept future obligations under a bond, with or without the consent of the principal, with reasonable notice of the termination made in compliance with the methods provided in 19 CFR, Part 113. Absent proof to CBP that a shorter time frame is reasonable under the facts and circumstances, how many days constitute reasonable notice for bond termination from the terminating surety to the principal and CBP?
- A7 business days
- B10 business days
- C15 days
- D30 days✓ CBP's answer
Why this answer
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CBP's cited authority
Answer and citations as published in CBP's official answer key for the October 2025 examination.
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