27 CFR 40.136 - Superseding bond.
A manufacturer of tobacco products shall immediately file a new bond to supersede his current bond when
(b) The appropriate TTB officer approves a request from the surety on the current bond to terminate his liability under the bond,
(d) The amount of the bond is no longer sufficient under the provisions of § 40.133 or § 40.134 and a strengthening bond has not been filed, or
(e) The appropriate TTB officer considers such a superseding bond necessary for the protection of the revenue.
Where a bond is not filed as required under the provisions of this section the manufacturer shall discontinue forthwith the operations to which such bond relates.
(72 Stat. 1421: 26 U.S.C. 5711)
Title 27 published on 2014-04-01
no entries appear in the Federal Register after this date.