[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: 27CFR46.15]

[Page 964]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 46_MISCELLANEOUS REGULATIONS RELATING TO TOBACCO PRODUCTS AND 
CIGARETTE PAPERS AND TUBES--Table of Contents
 
Subpart A_Application of 26 U.S.C. 6423, as Amended, to Refund or Credit 
       of Tax on Tobacco Products, and Cigarette Papers and Tubes
 
Sec. 46.15  Release of pledged securities.

    Securities of the United States, pledged and deposited as provided 
by Sec. 46.12, shall be released only in accordance with the provisions 
of 31 CFR part 225. 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, for proper cause, 
extend the date of release for such additional length of time as he 
deems necessary.

[T.D. 6395, 24 FR 599, Jan. 28, 1959. Redesignated at 40 FR 16835, Apr. 
15, 1975, as amended by T.D. ATF-472, 67 FR 8880, Feb. 27, 2002]

                                Penalties