§ 5711. Bond
459 words·~2 min read·
/usc/title-26/section-5711A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)When required Every person, before commencing business as a manufacturer of tobacco products or cigarette papers and tubes, or as an export warehouse proprietor, shall file such bond, conditioned upon compliance with this chapter and regulations issued thereunder, in such form, amount, and manner as the Secretary shall by regulation prescribe. A new or additional bond may be required whenever the Secretary considers such action necessary for the protection of the revenue.
(b)Approval or disapproval No person shall engage in such business until he receives notice of approval of such bond. A bond may be disapproved, upon notice to the principal on the bond, if the Secretary determines that the bond is not adequate to protect the revenue.
(c)Cancellation Any bond filed hereunder may be canceled, upon notice to the principal on the bond, whenever the Secretary determines that the bond no longer adequately protects the revenue.
(Aug. 16, 1954, ch. 736, 68A Stat. 711; Pub. L. 85–859, title II, § 202, Sept. 2, 1958, 72 Stat. 1421; Pub. L. 89–44, title V, § 502(b)(6), June 21, 1965, 79 Stat. 151; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)
Connections45 cite this · traces to 2
Cited by 45 sections
statutes-at-large
CFR
- § 40.405Strengthening bond.
- § 40.136Superseding bond.
- § 40.66Bond.
- § 40.402Two or more corporate sureties.
- § 40.138Approval of bond and extension of coverage of bond.
- § 40.407Extension of coverage of bond.
- § 40.134Amount of blanket bond.
- § 40.397Change in location.
- § 40.408Approval of bond and extension of coverage of bond.
- § 44.104Fiduciary successor.
- § 40.404Amount of bond.
- § 40.140Release of pledged securities.
- § 44.124Strengthening bond.
- § 40.139Termination of bond.
- § 40.135Strengthening bond.
- § 40.409Termination of liability of surety under bond.
- § 40.67Blanket bond.
- § 44.108Change in location.
- § 44.126Extension of coverage of bond.
- § 44.127Approval of bond and extension of coverage of bond.
- § 40.403Deposit of securities in lieu of corporate surety.
- § 40.137Extension of coverage of bond.
- § 44.81Persons required to qualify.
- § 44.123Amount of bond.
- § 44.125Superseding bond.
- § 40.394Notice of approval of bond.
- § 40.102Transfer of ownership.
- § 40.396Change in proprietorship.
- § 40.393Power of attorney.
- § 40.392Bond.
- § 40.132Deposit of securities in lieu of corporate surety.
- § 44.128Termination of liability of surety under bond.
- § 40.101Fiduciary successor.
- § 40.410Release of pledged securities.
- § 40.406Superseding bond.
- § 40.114Extension or curtailment of factory.
- § 44.86Bond.
Traces to 2 documents
15 references not yet in our index
- Aug. 16, 1954, ch. 736
- 68A Stat. 711
- Pub. L. 85–859, title II, § 202
- 72 Stat. 1421
- Pub. L. 89–44, title V, § 502(b)(6)
- 79 Stat. 151
- Pub. L. 94–455, title XIX, § 1906(b)(13)(A)
- 90 Stat. 1834
- Pub. L. 94–455
- Pub. L. 89–44
- Pub. L. 85–859
- section 701(d) of Pub. L. 89–44
- section 210(a)(1) of Pub. L. 85–859
- Pub. L. 111–3, title VII, § 702(g)
- 123 Stat. 111
Citation graph
cites case law
§ 5711
Bond
C.F.R.×37
Fed. Reg.×6
Stat.×2
ActAug. 16, 1954, ch. 736
Stat.68A Stat. 711
Pub. L.Pub. L. 85–859, title II, § 202
Stat.72 Stat. 1421
Pub. L.Pub. L. 89–44, title V, § 502(b)(6)
Cites 17 · showing 7Cited by 45 across 3 sources