[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR25.95]

[Page 651]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 25_BEER--Table of Contents
 
                 Subpart H_Bonds and Consents of Surety
 
Sec. 25.95  New bond.

    The appropriate ATF officer may at any time, at his or her 
discretion, require a new bond. A new bond is required immediately in 
the case of insolvency of a surety. Executors, administrators, 
assignees, receivers, trustees, or other persons acting in a fiduciary 
capacity shall execute a new bond or obtain a consent of surety on all 
bonds in effect. When the interests of the Government so demand, or in 
any case when the security of the bond becomes impaired for any reason, 
the principal will be required to give a new bond. When a bond is found 
to be not acceptable by the appropriate ATF officer, the principal will 
be required immediately to obtain a new and satisfactory bond or 
discontinue business.

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