No license whatsoever shall be granted to operate an air, sea, or land carrier business unless, in addition to complying with the applicable requirements of § 31715 of this title, the applicant presents a copy of the rates filed at the Federal Maritime Commission to the Secretary and posts a bond to secure payment of the taxes and any surcharges, interest, or penalties that may be imposed under this part.
History —Jan. 31, 2011, No. 1, § 3050.09, retroactive to Jan. 1, 2011; Dec. 10, 2011, No. 232, § 137.