27 C.F.R. § 19.245 Bonds and penal sums of bonds.
Title 27 - Alcohol, Tobacco Products and Firearms
The bonds, and the penal sums thereof, required by this subpart, are as follows: (Sec. 805(c), Pub. L. 96–39, 93 Stat. 276 (26 U.S.C. 5173)) [T.D. ATF–198, 50 FR 8464, Mar. 1, 1985; 50 FR 23410, June 4, 1985]
Title 27: Alcohol, Tobacco and Firearms
PART 19—DISTILLED SPIRITS PLANTS
Subpart H—Bonds and Consents of Surety
§ 19.245 Bonds and penal sums of bonds.
Penal Sum---------------------------------------------------------------------------------------------------------------- Type of bond Basis Minimum Maximum----------------------------------------------------------------------------------------------------------------(a) Operations bond: (1) One plant bond_ (i) Distiller............................. The amount of tax on spirits produced $5,000 $100,000 during a period of 15 days. (ii) Warehouseman: (A) General............................. The amount of tax on spirits and wines 5,000 200,000 deposited in, stored on, and in transit to bonded premises. (B) Limited to storage of spirits in ......do.............................. 5,000 50,000 packages to a total of not over 50,000 proof gallons. (iii) Distiller and warehouseman.......... The amount of tax on spirits produced 10,000 200,000 during a period of 15 days, and the amount of tax on spirits and wines deposited, in stored on, and in transit to bonded premises. (iv) Distiller and processor.............. The amount of tax on spirits produced 10,000 200,000 during a period of 15 days, and the amount of tax on spirits, denatured spirits, articles, and wines deposited in, stored on, and in transit to bonded premises. (v) Warehouseman and processor: (A) General............................. The amount of tax on spirits, 10,000 250,000 denatured spirits, articles, and wines deposited in, stored on, and in transit to bonded premises. (B) Limited to storage of spirits or ......do.............................. 10,000 50,000 denatured spirits in packages to a total of not over 50,000 proof gallons, and processing of spirits or denatured spirits so stored. (vi) Distiller, warehouseman, and The amount of tax on spirits produced 15,000 250,000 processor. during a period of 15 days, and the amount of tax on spirits, denatured spirits, articles, and wines deposited in, stored on, and in transit to bonded premises. (2) Adjacent bonded wine cellars_ (i) Distiller and bonded wine cellar...... The sum of the amount of tax 6,000 150,000 calculated in (a)(1)(i) and with respect to bonded wine cellar operations, the amount of tax on wines and wine spirits possessed and in transit. (ii) Distiller, warehouseman and bonded The sum of the amount of tax 11,000 250,000 wine cellar. calculated in (a)(1)(iii) and with respect to bonded wine cellar operations, the amount of tax on wines and wine spirits possessed and in transit. (iii) Distiller, processor and bonded wine The sum of the amount of tax 11,000 250,000 cellar. calculated in (a)(1)(iv) and with respect to bonded wine cellar operations, the amount of tax on wines and wine spirits possessed and in transit. (iv) Distiller, warehouseman, processor The sum of the amount of tax 16,000 300,000 and bonded wine cellar. calculated in (a)(1)(vi) and with respect to bonded wine cellar operations, the amount of tax on wines and wine spirits possessed and in transit.(b) Area operations bond: The penal sum shall be calculated in accordance with the following table:---------------------------------------------------------------------------------------Total penal sums as determined under (a) Requirements for penal sum of area operations bond---------------------------------------------------------------------------------------Not over $300,000............................. 100 percent.Over $300,000 but not over $600,000........... $300,000 plus 70 percent of excess over $300,000.Over $600,000 but not over $1,000,000......... $510,000 plus 50 percent of excess over $600,000.Over $1,000,000 but not over $2,000,000....... $710,000 plus 35 percent of excess over $1,000,000.Over $2,000,000............................... $1,060,000 plus 25 percent of excess over $2,000,000.---------------------------------------------------------------------------------------(c) Withdrawal bond: (1) One plant qualified for distilled The amount of tax which, at any one 1,000 1,000,000 spirits operations. time, is chargeable against such bond but has not been paid. (2) Two or more plants in a region qualified Sum of the penal sums for each plant (\1\ ) (\2\ ) for distilled spirits operations. calculated in (c)(1) of this section.(d) Unit bond: (1) Both operations at a distilled spirits Total penal sums of (a) and (c)(1) of 6,000 1,300,000 plant (and any adjacent bonded wine cellar) this section. and withdrawals from the bonded premises of the same distilled spirits plant. (2) Both operations at two or more distilled Total penal sums of (b) and (c)(2) of (\3\ ) (\4\ ) spirits plants (and any adjacent bonded this section in lieu of which given. wine cellar) within the same region and withdrawals from the bonded premises of the same distilled spirits plants.----------------------------------------------------------------------------------------------------------------\1\ Sum of the minimum penal sums required for each plant covered by the bond.\2\ Sum of the maximum penal sums required for each plant covered by the bond. (The maximum penal sum for one plant is $1,000,000.)\3\ Sum of the minimum penal sums for operations and withdrawal bonds required for each plant covered by the bond.\4\ Sum of the maximum penal sums for area operations bonds and withdrawal bonds required for the plants covered by the unit bond.
