§ 17.114. Release of collateral.
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/us/cfr/t27/s§ 17.114·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The release of collateral security pledged and deposited to satisfy the bond requirement of this part is governed by the provisions of 31 CFR part 225. When the appropriate TTB officer determines that there is no outstanding liability under the bond, and is satisfied that the interests of the Government will not be jeopardized, the security shall be released and returned to the principal. (Sec. 1, Pub. L. 97-258, 96 Stat. 1046 (31 U.S.C. 9301, 9303))
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U.S. Code
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- 31 CFR 225
- Pub. L. 97-258
- 96 Stat. 1046
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