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19 U.S.C. § 1495Partnership bond

submitted 96 years ago by ch. 497 to r/title-19-CUSTOMS-DUTIES · 83 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

When any bond is required by law or regulations to be executed by any partnership for any purpose connected with the transaction of business at any customhouse, the execution of such bond by any member of such partnership shall bind the other partners in like manner and to the same extent as if such other partners had personally joined in the execution, and an action or suit may be instituted on such bond against all partners as if all had executed the same.

Source credit: (June 17, 1930, ch. 497, title IV, § 495, 46 Stat. 727.)

history & why it existsrecord from the source credit
  • 1930Enacted · Act of June 17, 1930, ch. 497 · 46 Stat. 727

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

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