§ 28.74. Release of pledged securities or cash (including cash equivalents).
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/us/cfr/t27/s§ 28.74·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Securities of the United States, pledged and deposited as provided in § 28.53, will be released only in accordance with the provisions of 31 CFR part 225. Securities and cash (including cash equivalents) will not be released by the appropriate TTB officer until liability under the bond for which they were pledged has been terminated. When the appropriate TTB officer is satisfied that they may be released, he will fix the date or dates on which a part or all of such securities and cash (including cash equivalents) may be released.
At any time prior to the release, the appropriate TTB officer may extend the date of release for such additional length of time as he deems necessary. (61 Stat. 650; 6 U.S.C. 15) \[T.D. TTB-146, 82 FR 1136, Jan. 4, 2017\]
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- 31 CFR 225
- 61 Stat. 650
- 6 USC 15
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§ 28.74
Release of pledged securities or cash (including cash equivalents).
Cite31 CFR 225
Stat.61 Stat. 650
Cite6 USC 15
Cites 3Cited by 0 across 0 sources