§403.29. Deposit of collateral. — Inbound Citations
26 C.F.R. § 403.29
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 26 U.S.C. § 403.29 as a whole
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The cost bond filed by a claimant pursuant to § 403.26(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.