27 C.F.R. § 18.34 Continuing partnerships.
Title 27 - Alcohol, Tobacco Products and Firearms
If, under the laws of the particular State, the partnership is not immediately terminated on death or insolvency of a partner, but continues until the winding up of the partnership affairs is completed, and the surviving partner has the exclusive right to the control and possession of the partnership assets for the purpose of liquidation and settlement, the surviving partner may continue to operate the plant under the prior qualification of the partnership. If the surviving partner acquires the business on completion of the settlement of the partnership, such partner shall qualify in his own name form the date of acquisition, as provided in §18.35. The rule set forth in this section also applies where there is more than one surviving partner. [T.D. ATF–104, 47 FR 23921, June 2, 1982, as amended by T.D. ATF–381, 61 FR 37003, July 16, 1996]
Title 27: Alcohol, Tobacco and Firearms
PART 18—PRODUCTION OF VOLATILE FRUIT-FLAVOR CONCENTRATE
Subpart D—Qualification
Changes After Original Establishment
§ 18.34 Continuing partnerships.
