StacksVerified U.S. regulatory reference

27 CFR §40.136

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A manufacturer of tobacco products shall immediately file a new bond to supersede his current bond when
  1. (a)The corporate surety on the current bond becomes insolvent,
  2. (b)The appropriate TTB officer approves a request from the surety on the current bond to terminate his liability under the bond,
  3. (c)Payment of any liability under a bond is made by the surety thereon,
  4. (d)The amount of the bond is no longer sufficient under the provisions of § 40.133 or § 40.134 and a strengthening bond has not been filed, or
  5. (e)The appropriate TTB officer considers such a superseding bond necessary for the protection of the revenue.