§ 25.104 - Termination of bonds.

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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.