§ 25.102 - Termination of surety's liability.

Copy with citation
Copy as parenthetical citation

The liability of a surety on a bond required by this part will be terminated only as to liability arising on or after:

The effective date of a superseding bond;

The date of approval of the discontinuance of business of the brewer;

Following the giving of notice by the surety; or

In the case of a brewer who applies to terminate a surety bond under § 25.106, the date that TTB approves the brewer's application under that section.