[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR20.44]

[Page 501]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 20_DISTRIBUTION AND USE OF DENATURED ALCOHOL AND RUM--Table of Contents
 
              Subpart D_Qualification of Dealers and Users
 
Sec.  20.44  Disapproval of application.

    The appropriate TTB officer may, in accordance with part 71 of this 
chapter, disapprove an application for a permit to withdraw and deal or 
use denatured spirits, if on examination of the application (or 
inquiry), the appropriate TTB officer has reason to believe that:
    (a) The applicant is not authorized by law and regulations to 
withdraw and deal in or use specially denatured spirits;
    (b) The applicant (including, in the case of a corporation, any 
officer, director, or principal stockholder, or, in the case of a 
partnership, a partner) is, by reason of their business experience, 
financial standing, or trade connections, not likely to maintain 
operations in compliance with 26 U.S.C. Chapter 51, or regulations 
issued under this part;
    (c) The applicant has failed to disclose any material information 
required, or has made any false statement as to any material fact, in 
connection with the application; or
    (d) The premises at which the applicant proposes to conduct the 
business are not adequate to protect the revenue.