Title 19, Customs DutiesRelease 119-102

§1495 Partnership Bond

Title 19 › CHAPTER 4 — TARIFF ACT OF 1930 › SUBTITLE III — ADMINISTRATIVE PROVISIONS › Part III — Ascertainment, Collection, and Recovery of Duties › § 1495

Last updated Aug 21, 2026|Official source

Summary

If a law requires a partnership to give a bond for business at a customhouse, one partner's signature makes every partner equally responsible and subject to suit.

Full Legal Text

Title 19, §1495

Customs Duties, Source: USLM XML via OLRC

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.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

Provisions similar to those in this section were contained in act Sept. 21, 1922, ch. 356, title IV, § 495, 42 Stat. 964. That section was superseded by section 495 of act
June 17, 1930, comprising this section, and repealed by section 651(a)(1) of the 1930 act. Provisions substantially similar to those in this section, except that they applied to bonds for the payment of duties or for any other purpose connected with the general transaction of business at any customs house, were contained in act
June 20, 1876, ch. 136, 19 Stat. 60, as amended by act Aug. 27, 1894, ch. 349, § 70, 28 Stat. 569, prior to repeal by act Sept. 21, 1922, ch. 356, title IV, § 643, 42 Stat. 989.

Reference

Citations & Metadata

Citation

19 U.S.C. § 1495

Title 19, Customs Duties

Last Updated

Aug 21, 2026

Release point: 119-102