---
kind: "section"
citation: "26 C.F.R. § 403.27"
title: "26"
number: "403.27"
heading: "Type and conditions of cost bond."
url: "https://uscodex.org/cfr/26/403.27"
---

# §403.27. Type and conditions of cost bond.


The cost bond filed by a claimant pursuant to [§ 403.26(a)(4)](/cfr/26/403.26.md?p=a-4) shall be a corporate surety bond. However, upon a showing to the satisfaction of the Commissioner or his delegate that such claimant is unable to furnish a corporate surety bond, such claimant may file a cost bond with individual sureties acceptable to the Commissioner or his delegate or, in lieu of such cost bond with corporate or individual sureties, he may deposit collateral pursuant to [§ 403.29](/cfr/26/403.29.md).


## Notes

### Authority

Authority: Sec. 7805, 68A Stat. 917; 26 U.S.C. 7805.

### Source

Source: T.D. 7433, 41 FR 39312, Sept. 15, 1976, unless otherwise noted.