A partnership issues a power of attorney to a customs broker. What is the longest period for which it may be granted?
- 1 year from the date of execution
- 2 years from the date of execution
- 5 years from the date of execution
- An unlimited period
Show the answer
B. 2 years from the date of execution
Powers of attorney issued by a partnership are limited to a period not to exceed 2 years from the date of execution. All other powers of attorney may be granted for an unlimited period.
Source: 19 CFR 141.34
Want more like this?
A free account gives you a fresh set of practice questions every day, each with its rule and citation.