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19 U.S.C. § 1551 — Bonding of carriers

submitted 96 years ago by ch. 497 to r/title-19-CUSTOMS-DUTIES · 175 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary of the Treasury may designate certain carriers as carriers of bonded merchandise under prescribed safeguards.

Under the Secretary of the Treasury’s regulations and terms, the Secretary may, on application, designate as a carrier of bonded merchandise any of these: (1) a common merchandise carrier that owns or operates a railroad, steamship, or other transportation line or route in the United States; (2) a contract carrier authorized by a United States agency; or (3) a freight forwarder authorized by a United States agency. The designation may cover merchandise whose final release from customs custody has not received a permit. The Secretary may also designate a private carrier on application, under regulations and special conditions needed to protect United States revenue from that applicant’s transportation of bonded merchandise.
the actual law source: uscode.house.gov ↗public domain

Under such regulations and subject to such terms and conditions as the Secretary of the Treasury shall prescribe—

(1)

any common carrier of merchandise owning or operating a railroad, steamship, or other transportation line or route for the transportation of merchandise in the United States,

(2)

any contract carrier authorized to operate as such by any agency of the United States, and

(3)

any freight forwarder authorized to operate as such by any agency of the United States,

upon application, may, in the discretion of the Secretary, be designated as a carrier of bonded merchandise for the final release of which from customs custody a permit has not been issued. A private carrier, upon application, may, in the discretion of the Secretary, be designated under the preceding sentence as a carrier of bonded merchandise, subject to such regulations and, in the case of each applicant, to such special terms and conditions as the Secretary may prescribe to safeguard the revenues of the United States with respect to the transportation of bonded merchandise by such applicant.

Source credit: (June 17, 1930, ch. 497, title IV, § 551, 46 Stat. 742; Dec. 28, 1945, ch. 605, 59 Stat. 667; Pub. L. 87–598, Aug. 24, 1962, 76 Stat. 400; Pub. L. 87–854, Oct. 23, 1962, 76 Stat. 1130; Pub. L. 90–240, § 3, Jan. 2, 1968, 81 Stat. 776.)

history & why it existsrecord from the source credit
  • 1930Enacted · Act of June 17, 1930, ch. 497 · 46 Stat. 742
  • 1945Amended · Act of Dec. 28, 1945, ch. 605 · 59 Stat. 667
  • 1962Amended · Pub. L. 87-598 · 76 Stat. 400
  • 1962Amended · Pub. L. 87-854 · 76 Stat. 1130
  • 1968Amended · Pub. L. 90-240 · 81 Stat. 776

A history note hasn’t been published yet. The record shows enactment by ch. 497 on 1930-06-17.

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