27 CFR 17.102 - Amount of bond.

Regulations last checked for updates: Jun 01, 2024

Title 27 - Alcohol, Tobacco Products and Firearms last revised: May 28, 2024

View all text of Subpart E [§ 17.101 - § 17.114]

§ 17.102 - Amount of bond.

The bond shall be a continuing one, in an amount sufficient to cover the total drawback to be claimed on spirits used during any quarter. However, the amount of any bond shall not exceed $200,000 nor be less than $1,000.

authority: 26 U.S.C. 5010,5111,5123,5206,5273,6065,6091,6109,7213,7652,7805; 31 U.S.C. 9301,9303,9304,9306

source: T.D. ATF-379, 61 FR 31412, June 20, 1996, unless otherwise noted.

cite as: 27 CFR 17.102