Code of Federal Regulations · Section

§ 40.403 — Deposit Of Securities In Lieu Of Corporate Surety

27 C.F.R. § 40.403

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In lieu of corporate surety, the manufacturer of cigarette papers and tubes may pledge and deposit, as security for the bond, securities which are transferable and are guaranteed as to both interest and principal by the United States, in accordance with the provisions of 31 CFR Part 225—Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds with Sureties.

27 C.F.R. § 40.402 27 C.F.R. § 40.404

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