§ 40.403. Deposit of securities in lieu of corporate surety.
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/us/cfr/t27/s§ 40.403·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In lieu of corporate surety, the manufacturer of cigarette papers and tubes may pledge and deposit, as security for the bond, securities which are transferable and are guaranteed as to both interest and principal by the United States, in accordance with the provisions of 31 CFR Part 225---Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds with Sureties. (61 Stat. 650, 72 Stat. 1421, 31 U.S.C. 9301, 9303, 26 U.S.C. 5711, 5 U.S.C. 552(a) (80 Stat. 383, as amended)) \[T.D. ATF-384, 61 FR 54085, Oct. 17, 1996, as amended by T.D. TTB-196, 89 FR 87947, Nov. 6, 2024\]
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- 31 CFR 225
- 61 Stat. 650
- 72 Stat. 1421
- 80 Stat. 383
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§ 40.403
Deposit of securities in lieu of corporate surety.
Cite31 CFR 225
Stat.61 Stat. 650
Stat.72 Stat. 1421
Stat.80 Stat. 383
Cites 7Cited by 0 across 0 sources