27 C.F.R. § 22.153 Disposition after revocation of permit.
Title 27 - Alcohol, Tobacco Products and Firearms
When any permit issued on Form 5150.9 is revoked, all tax-free alcohol in transit and all alcohol on the former permit premises, may be lawfully possessed by the former permittee for the exclusive purpose of disposing of the alcohol, for a period of 60 days following the date of revocation. Any tax-free or recovered alcohol not disposed of within the specified 60-day period, is subject to seizure and forfeiture.
Title 27: Alcohol, Tobacco and Firearms
PART 22—DISTRIBUTION AND USE OF TAX-FREE ALCOHOL
Subpart L—Return, Reconsignment and Disposition of Tax-Free or Recovered Alcohol
§ 22.153 Disposition after revocation of permit.
