(a)
- (1) Identification of principal and sureties. The names of the principal and sureties and their respective places of residence must appear in the bond. In the case of a corporate principal or surety, its legal designation and the address of its principal place of business must appear.
- (2) Identification of trade names and unincorporated divisions of a corporate principal. The principal may list on the bond trade names and the names of unincorporated divisions of the corporate principal which do not have a separate and distinct legal status who are authorized to use the bond in their own name.
- (b) Date of execution. Each bond must bear the date it was actually executed.
- (c) Statement of the amount. The amount of the bond must be stated in figures.
- (d) Use of abbreviations. Abbreviations may not be used except in dates and the state of incorporation of the principal or the surety.
- (e) Blank spaces on the bond. Lines must be drawn through all spaces and blocks on the bond which are not filled in.
[T.D. 84-213, 49 FR 41171, Oct. 19, 1984, as amended by CBP Dec. 15-15, 80 FR 70164, Nov. 13, 2015]