General. Brewer's bonds may be terminated as to liability for future removals or receipts under the following circumstances:
Pursuant to application of the surety as provided in § 25.103;
On approval of a superseding bond as provided in § 25.95;
When a brewer discontinues business as provided in § 25.85; or
When an existing brewer who becomes exempt from bond requirements terminates the bond as provided in § 25.106.
Notification. On termination of the surety's liability under a bond, the appropriate TTB officer will notify the principal and sureties.