[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR26.74]

[Page 676]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 26--LIQUORS AND ARTICLES FROM PUERTO RICO AND THE VIRGIN ISLANDS--Table of Contents
 
      Subpart E--Taxpayment of Liquors and Articles in Puerto Rico
 
Sec. 26.74  Release of pledged securities.

    Securities of the United States pledged and deposited as provided in 
Sec. 26.63, shall be released only in accordance with the provisions of 
31 CFR part 225. Such securities will not be released by the appropriate 
ATF officer until the liability under the bond for which they were 
pledged has been terminated. When the appropriate ATF officer is 
satisfied that they may be released, he shall fix the date or dates on 
which a part or all of such securities may be released. At any time 
prior to the release of such securities, the appropriate ATF officer may 
extend the date of release for such additional length of time as he 
deems necessary.

(61 Stat. 650; 6 U.S.C. 15)

[T.D. 6551, 26 FR 1590, Feb. 22, 1961. Redesignated at 40 FR 16835, Apr. 
15, 1975, and amended by T.D. ATF-251, 52 FR 19338, May 22, 1987. 
Redesignated and amended by T.D. ATF-459, 66 FR 38550, 38551, July 25, 
2001]