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Activity Code 2 – Custodian of Bonded Merchandise
Activity Code 2 – Custodian of Bonded Merchandise
19 CFR § 113.63 – May be written as a continuous bond only.
This bond guarantees a variety of obligations relating to custodial activities including: all classes of bonded warehouses, domestic common carriers, cartmen, lightermen, centralized examination stations and container freight stations.
- Bonded warehousemen guarantee the custody of freight while stored under CBP supervision until withdrawal for consumption.
- Domestic common carriers guarantee the custody of bonded goods while being transported from one port to another (in-bond transactions).
- Cartmen/lightermen guarantee the custody of bonded goods while being transported within the same port.
- Container freight station operators guarantee the custody of freight until released by CBP.
- Centralized examination station operators guarantee the custody of freight while under CBP examination.
Activity Codes 11 (Airport Customs Security Area) and 16 (Importer Security Filing) obligations can also be secured by this bond.
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