27 CFR 26.71: Termination of bonds.
Where this section sits in the code
- Title 27—Alcohol, Tobacco Products and Firearms
- CHAPTER I—ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE TREASURY
- SUBCHAPTER A—ALCOHOL
- PART 26—LIQUORS AND ARTICLES FROM PUERTO RICO AND THE VIRGIN ISLANDS
- Subpart E—Taxpayment of Liquors and Articles in Puerto Rico
Any bond given under the provisions of this subpart may be terminated as to future transactions—
(a) Pursuant to application of surety as provided in § 26.72;
(b) On approval of a superseding bond;
(c) On notification by the principal to the appropriate TTB officer that he has discontinued transactions under the bond (including for the reason that the principal is exempt from bond requirements under §§ 26.66(c), 26.67(b), or 26.68(b)); or
(d) On notification by the principal to the appropriate TTB officer that he has discontinued business.
Collected 2026-08-27T02:25:11Z. Source file · JSON