[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR25.103]

[Page 623]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--BUREAU OF ALCOHOL, TOBACCO AND FIREARMS, DEPARTMENT OF THE 
                                TREASURY
 
PART 25--BEER--Table of Contents
 
                 Subpart H--Bonds and Consents of Surety
 
Sec. 25.103  Notice by surety for relief from liability under bond.

    A surety may, at any time, in writing, notify the principal and the 
appropriate ATF officer that the surety desires after a specified date 
(not less than 60 days after the date of service on the principal) to be 
relieved of any liability under the bond which is incurred by the 
principal after the date named in the notice. The surety shall include 
proof of service of the notice on the principal with the notice filed 
with the appropriate ATF officer. The notice will become effective on 
the date named, unless the surety withdraws the notice, in writing. The 
surety on the bond remains liable under the bond with respect to any 
liability incurred by the principal while the bond is in effect.

(Sec. 201, Pub. L. 85-859, 72 Stat. 1388, as amended (26 U.S.C. 5401))

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