[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: 27CFR44.107]

[Page 821-822]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 44--EXPORTATION OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES, WITHOUT PAYMENT OF TAX, OR WITH DRAWBACK OF TAX--Table of Contents
 
   Subpart E--Changes Subsequent to Original Qualification of Export 
                          Warehouse Proprietors
 
Sec. 44.107  Change in stockholders of a corporation.

    Where the issuance, sale, or transfer of the stock of a corporation, 
operating as an export warehouse proprietor, results in a change in the 
identity of the principal stockholders exercising actual or legal 
control of the operations of the corporation, the corporate proprietor 
shall, within 30 days after the

[[Page 822]]

change occurs, make application for a new permit; otherwise, the present 
permit shall be automatically terminated at the expiration of such 30-
day period, and the proprietor shall dispose of all cigars, cigarettes, 
and cigarette papers and tubes on hand, in accordance with this part, 
make a closing inventory and closing report, in accordance with the 
provisions of Secs. 44.146 and 44.151, respectively, and surrender his 
permit with such inventory and report. If the application for a new 
permit is timely made, the present permit shall continue in effect 
pending final action with respect to such application.

(72 Stat. 1421, 1422; 26 U.S.C. 5712, 5713, 5721, 5722)

[T.D. 6871, 31 FR 50, Jan. 4, 1966. Redesignated at 40 FR 16835, Apr. 
15, 1975]

                    Changes in Location and Premises