Same party as principal and surety; attorney in fact.

19 C.F.R. § 113.31

in effectEffective: 2024-07-01

(a) Same party as principal and surety. The same person, partnership, or corporation cannot be both principal and surety on a bond. (b) Attorney in fact for principal or surety. In executing a bond, a person may act as: (1) Attorney in fact for both principal and surety; (2) Surety and attorney in fact for the principal; or (3) Principal and attorney in fact for the surety.

Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-19.xmlFetched: 7/26/2026