{"data":{"id":"us/27-cfr-40.434","jurisdiction":"us","citation":"27 CFR 40.434","heading":"Closing.","body":"A closing inventory shall be made by the manufacturer of cigarette papers and tubes when a change in proprietorship occurs, or when the manufacturer changes location of the factory to another region, or concludes business. Where a change in proprietorship occurs, the closing inventory shall be made as of the day preceding the date of the opening inventory of the successor.\nDocument Retention","path":["Title 27—Alcohol, Tobacco Products and Firearms","CHAPTER I—ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE TREASURY","SUBCHAPTER B—TOBACCO","PART 40—MANUFACTURE OF TOBACCO PRODUCTS, CIGARETTE PAPERS AND TUBES, AND PROCESSED TOBACCO","Subpart K—Manufacture of Cigarette Papers and Tubes"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-27.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"44dfe12382967db2270a5343ee47ab8d8ad458382ca1c7158d1bee5bb457c8c5","source_id":"us-cfr","stale":true,"prev":"us/27-cfr-40.433","next":"us/27-cfr-40.435"},"notice":"GroundRules: Original legal text. Not legal advice."}