CBP (U.S. Customs) does allow separately incorporated entities to be listed on the same bond as co-principals as long as the entities each have the same distinct legal status, such as corporations, partnerships or sole proprietorships. It is important for a company to understand the advantages and disadvantages of listing multiple entities on the same bond

In some situations, the issuance of this one bond in lieu of multiple bonds would result in a premium savings.

However, when listing multiple entities on the same bond, each entity becomes jointly and severally liable for the other entities listed on the bond. Therefore, if a claim is made, Customs would be able to compel all parties listed on the bond to pay the claim irrespective of which principal caused the claim. This is potentially the most troublesome aspect of joining entities on the bond as co-principals.