[Code of Federal Regulations]

[Title 27, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 27CFR28]



[Page 793]

 

            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS

 

 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 

                                TREASURY

 

PART 28_EXPORTATION OF ALCOHOL--Table of Contents

 

                 Subpart D_Bonds and Consents of Surety

 

Sec.  28.73  Relief of surety from bond.



    (a) Bonds, Forms 2734 (5120.25) and 2736 (5100.12). The surety on a 

bond given on Form 2734 (5120.25) or Form 2736 (5100.12) shall be 

relieved from his liability under the bond when the bond has been 

canceled as provided for in Sec.  28.70.

    (b) Bonds, Forms 2735 (5100.30), 2737 (5110.67), and 2738 (5110.68). 

Where the surety on a bond given on Form 2735 (5100.30), Form 2737 

(5110.67), or on Form 2738 (5110.68) has filed application for relief 

from liability, as provided in Sec.  28.72, the surety shall be relieved 

from liability for withdrawals or claims, as the case may be, made 

wholly subsequent to the date specified in the notice, or on the 

effective date of a superseding bond, if one is given. Notwithstanding 

such relief, the liability of the surety shall continue until the 

spirits and/or wines withdrawn without payment of tax or included in a 

claim for drawback of tax allowed under the bond have been properly 

accounted for.



(Sec. 201, Pub. L. 85-859, 72 Stat. 1336, as amended, 1352, as amended, 

1353, as amended (26 U.S.C. 5062, 5175, 5176))



[25 FR 5734, June 23, 1960. Redesignated at 40 FR 16835, Apr. 15, 1975, 

and amended by T.D. ATF-62, 44 FR 71722, Dec. 11, 1979; T.D. TTB-8, 69 

FR 3832, Jan. 27, 2004]