27 C.F.R. § 24.156 Termination of bonds.
Title 27 - Alcohol, Tobacco Products and Firearms
A bond prescribed in §24.146 may be terminated as to future liability pursuant to application by the surety as provided in §24.157; pursuant to approval of a superseding bond; upon receipt of notification from the principal that the business has been discontinued and all wine and spirits have been removed from the bonded wine premises as provided in §24.140(b); or in the case of a tax deferral bond, the termination will be issued upon receipt of written notification from the principal that removals of wine requiring a tax deferral bond have been discontinued. (Sec. 201, Pub. L. 85–859, 72 Stat. 1379, as amended (26 U.S.C. 5354))
Title 27: Alcohol, Tobacco and Firearms
PART 24—WINE
Subpart D—Establishment and Operations
Bonds and Consents of Surety
§ 24.156 Termination of bonds.
