[Code of Federal Regulations]
[Title 27, Volume 2]
[Revised as of April 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR40.405]

[Page 55]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 40_MANUFACTURE OF TOBACCO PRODUCTS AND CIGARETTE PAPERS AND TUBES--Table 
 
           Subpart K_Manufacture of Cigarette Papers and Tubes
 
Sec. 40.405  Strengthening bond.

    Where the appropriate TTB officer determines that the amount of the 
bond, under which a manufacturer of cigarette papers and tubes is 
currently carrying on such business, no longer adequately protects the 
revenue, the appropriate TTB officer may require the manufacturer to 
file a strengthening bond in an appropriate amount with the same surety 
as that on the bond already in effect, in lieu of a superseding bond to 
cover the full liability on the basis of Sec. 40.404. The appropriate 
TTB officer shall refuse to approve any strengthening bond where any 
notation is made thereon which is intended or which may be construed as 
a release of any former bond, or as limiting the amount of either bond 
to less than its full amount.

(72 Stat. 1421; 26 U.S.C. 5711)