Fillable Form 01-147 - Continuous Bond - Customs Broker printable pdf download

01-147

(9-03)

You have certain rights under Ch. 559, Government

code, to review, request, and correct information we

have on file about you. Contact at the address or

CONTINUOUS BOND - CUSTOMS BROKER

phone number listed on this form.

Bond number (For Surety company use)

Bond amount

Name of Principal (Legal entity name only)

Federal employer’s identification number or Social Security number

Name of Surety company (Duly authorized to do business as a surety company in the State of Texas)

Surety company mailing address (For billing purposes)

Federal employer’s identification number of Surety company

FEDERAL PRIVACY ACT STATEMENT: Disclosure of your social security number is required and authorized under law, for the purpose of tax administration

and identification of any individual affected by applicable law. 42 U.S.C. §405(c)(2)(C)(i); Tex. Gov’t Code §§403.011 and 403.078. Release of information on this

form in response to a public information request will be governed by the Public Information Act, Chapter 552, Government Code, and applicable federal law.

We, the PRINCIPAL and SURETY named above, our heirs, executors, successors and assigns, jointly and severally, are liable to the

STATE OF TEXAS, payable through the Comptroller of Public Accounts, at Austin, Travis County, Texas, for the amount of bond shown,

subject to the following terms and conditions. The SURETY acknowledges that it is duly authorized and qualified to do business as a surety

company in the State of Texas.

This bond is predicated upon the PRINCIPAL being issued or having applied for a permit required by law. This bond is required in

accordance with Chap. 151, Texas Tax Code.

It is expressly agreed that, from this date forward, so long as the PRINCIPAL pays on a timely basis all taxes, interest, penalties and

costs accruing against the PRINCIPAL as required by Chap. 151, Texas Tax Code then this obligation shall be null and void. Otherwise, the

obligation of the SURETY under this bond remains in full force and effect.

This bond may be terminated and the SURETY relieved from further liability 30 days after the date on which the Comptroller of Public

Accounts receives written notice of the SURETY'S withdrawal as SURETY on this bond. The SURETY will not be relieved of liability for

transactions that occurred before the termination of this bond. Neither recovery on this bond, the execution of any new bond, the demand by

the Comptroller for additional bond, or the renewal of a license of the PRINCIPAL will invalidate this or any other bond given to the Comptroller

of Public Accounts.

If the PRINCIPAL fails to comply with the conditions and obligations of this bond and/or the requirements of the Texas Tax Code, then the

State of Texas may sue on and enforce the obligations of this bond without first resorting to or exhausting its remedies against the property

and assets of the PRINCIPAL and without making the PRINCIPAL a party to the suit. Venue for such action is in Travis County, Texas.

This bond is continuous in form from the effective date and will be automatically extended from calendar year to calendar year. It

constitutes a new and separate obligation, in the amount specified, for each calendar year while the bond is in force. For the purposes of this

bond, calendar year is defined as the period of January 1 through December 31.

Signed this ________ day of ______________________ , _________ , by the PRINCIPAL or PRINCIPALS or by the authorized corporate officers and the

corporate seal affixed.

PRINCIPAL authorized agent

Title

(PRINCIPAL corporate seal)

PRINCIPAL authorized agent

Title

Signed this ________ day of ______________________ , _________ , by the SURETY’S duly authorized officer and the corporate seal affixed.

SURETY authorized agent

Title

(SURETY corporate seal)

(Legal citation: TEX. TAX CODE ANN. CH. 151)

Form 01-147 - Continuous Bond - Customs Broker

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