StacksVerified U.S. regulatory reference

27 CFR §40.406

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A manufacturer of cigarette papers and tubes shall file a new bond to supersede the current bond immediately when:
  1. (a)The corporate surety on the current bond becomes insolvent,
  2. (b)The appropriate TTB officer approves a request from the surety of the current bond to terminate liability under the bond,
  3. (c)Payment of any liability under a bond is made by the surety thereon, or
  4. (d)The appropriate TTB officer considers such a superseding bond necessary for the protection of the revenue.