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pdfUS Department
of Transportation
BOND TO ENSURE CONFORMANCE
WITH MOTOR VEHICLE SAFETY
AND BUMPER STANDARDS
National Highway
Traffic Safety
Administration
OMB No. 2127-0002
PL100-562, 15 USC
1397, and 1916
Section 591.50(f)
(To redeliver vehicle, to produce documents, to perform conditions of release, such as to bring vehicle Into conformance with
all applicable federal Motor Vehicle Safety and Bumper Standards)
Know All Men by These Presents That________________________________________________________________
name of principal; if a corporation the State of Incorporation
of ___________________________________________________________________________________________, as principal
street address or post office box number, city, state, Zip Code
and ________________________________________________of __________________________________________________
Name, state of Incorporation, if any
Address
and________________________________________________of___________________________________________________
Name, state of Incorporation, if any
Address
as sureties, are held and firmly bound unto the UNITED STATES OF AMERICA in the sum of of _____________________ dollars
($______________________), which represents 150% of the entered value of the following described motor vehicle as
determined by the U. S. Customs Service:
________________________________________________________________________________________________________
Model year, make, series, engine, and chassis number
for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns (jointly and severally),
firmly by these presents
WITNESS our hands and seals this______________________________day of________________________________,199_____
WHEREAS, motor vehicles may be entered under the provisions of section 108, National Traffic and Motor Vehicle Safety Act of
1966, as amended; and section 106 of the Motor Vehicle Information and Cost Savings Act; and
WHEREAS, pursuant to 49 CFR Part 591, a regulation promulgated under the provisions of section 108, National Traffic and Motor
Vehicle Safety Act of 1966, as amended, the above-bounden principal desires to import permanently the motor vehicle described
above, which is a motor vehicle that was not originally manufactured to conform with the Federal motor vehicle safety standards,
and bumper standards; and
WHEREAS, pursuant to 49 CFR Part 592, a regulation promulgated under the provisions of section 108, National Traffic and Motor
Vehicle Safety Act of 1966, as amended, the above-bounden principal has been granted the status of Registered Importer of motor
vehicles not originally manufactured to conform with the Federal motor vehicle safety standards (or, if not Registered Importer, has
a contract with a Registered Importer covering the motor vehicle described above); and
WHEREAS, pursuant to 49 CFR 593, a regulation promulgated under the provisions of section, 108, National Traffic and Motor Vehicle
Safety Act of 1966, as amended, the Administrator of the National Highway Traffic Safety Administration as determined that the motor
vehicle described above is eligible for importation into the United States; and
WHEREAS, the motor vehicle described above has been imported at the port __________________________________________
for consumption on entry No._______________________, dated ________________________________, 199_________
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT(1) The above-bounden principal (the "principal", in consideration of the permanent admission into the United States of the motor
vehicle described above (the "vehicle'7, voluntarily undertakes and agrees to have such vehicle brought into conformity with all
applicable Federal motor vehicle safety and bumper standards within 120 days after such importation, as specified by the
Administrator of the National Highway Traffic Safety Administration (the "Administrator");
(2) The principal shall then file, or If not a Registered Importer shall then cause the Registered Importer of the Vehicle to file, with
the Administrator, a certificate that the vehicle compiles with each Federal motor vehicle safety standard in effect the year that the
vehicle was manufactured and which applies in such year to the vehicle, and that the vehicle complies with the Federal bumper
standard (if applicable);
Form HS-474 (1-90)
(3) The principal, if a Registered Importer, shall not release custody of the vehicle to any person for license or registration for use on
public roads, streets, or highways, or license or register the vehicle from the date of entry until 30 calendar days after it has certified
compliance of the vehicle to the Administrator, unless the Administrator notifies the principal before 30 days that (s)he has accepted
such certification and the vehicle and bond maybe released, except that no such release shall be permitted, before or after the 30th
calendar day, if the principal has received written notice from the Administrator that an inspection of such vehicle will be required,
or that there is reason to believe that such certification is false or contains a misrepresentation;
(4) And if the principal has received written notice from the Administrator that an inspection is required, the principal shall cause the
vehicle to be available for inspection; and the vehicle and bond shall be promptly released after completion of an inspection showing
no failure to comply. However, if the inspection shows a failure to comply, the vehicle and bond shall not be released until such time
as the failure to comply ceases to exist;
(5) And if the principal has received written notice from the Administrator that there is reason to believe that the certificate is false
or contains a misrepresentation, the vehicle or bond shall not be released until the Administrator is satisfied with the certification and
any modification thereof;
(6) And if the principal has received written notice from the Administrator that the vehicle has been found not to comply with all
applicable Federal Motor vehicle safety and bumper standards, and written demand that the vehicle be abandoned to the United States,
or delivered to the Secretary of the Treasury for the export (at no cost to the United States), the principal shall abandon the vehicle
to the United States, or shall deliver the vehicle, or cause the vehicle to be delivered to, the custody of the District Director of Customs
of the port of entry listed above, or any other port of entry, and shall execute all documents necessary for exportation of the vehicle
from the United States, at no cost to the United States; or in default of abandonment or redelivery after proper notice by the
Administrator to the principal, the principal shall pay to the administrator the amount of this obligation;
Then this obligation shall be void; otherwise it shall remain in full force amd effect.
Signed, sealed, and delivered in the presence of
__________________________________________________________________________________
Name
__________________________________________________________________________________
Address
______________________________________________________________________________________________________(SEAL)
Name
Address
(Principal)
__________________________________________________________________________________
Name
__________________________________________________________________________________
Address
______________________________________________________________________________________________________(SEAL)
Name
Address
(Surety)
CERTIFICATE AS TO CORPORATE PRINCIPAL
I,______________________________________certify that I am the ___________________________________________________
of the corporation named as principal in the within bond; that________________________________, who signed the bond on behalf
of the principal, was then _____________________________________of said corporation; that I know his/her signature, and his/her
signature thereto is genuine; and that said bond was duly signed, sealed and attested for and in behalf of said corporation by authority
of its governing body.
______________________________ (CORPORATE SEAL)
(To be used when a power of attorney has been filed with NHTSA, and may be executed by secretary, assistant secretary, or other officer.)
Form HS-474 (1-90)
File Type | application/pdf |
File Title | C:\My Documents\474changes.PDF |
Author | mchin |
File Modified | 2010-11-29 |
File Created | 2000-09-07 |