---
kind: "section"
citation: "27 C.F.R. § 17.101"
title: "27"
number: "17.101"
heading: "Bonds in general."
url: "https://uscodex.org/cfr/27/17.101"
---

# §17.101. Bonds in general.

- (a) **Requirement.** A bond must be filed by each person claiming drawback on a monthly basis. Persons who claim drawback on a quarterly basis are not required to file bonds. The bond requirement of this part may be satisfied either by a bond obtained from an authorized surety company or by deposit of collateral security.
- (b) **Bond form.** The bond must be prepared and executed on TTB Form 5154.3, Bond for Drawback Under [26 U.S.C. 5111](/usc/26/5111.md), in accordance with the provisions of this part and the instructions printed on the form.
- (c) **Bonds executed before July 1, 2008.** On and after July 1, 2008, a reference to [26 U.S.C. 5131-5134](/usc/26/5131-5134.md) in a bond executed on TTB Form 5154.3, Bond for Drawback Under [26 U.S.C. 5131](/usc/26/5131.md), shall be understood to refer to the sections redesignated as [26 U.S.C. 5111-5114](/usc/26/5111-5114.md) by section 11125 of Public Law 109-59.
- (d) **Approval.** The appropriate TTB officer is authorized to approve all bonds and consents of surety required by this part.

## Notes

### Amendments

[T.D. TTB, 74 FR 37402, July 28, 2009]

### Authority

Authority: 26 U.S.C. 5010, 5111-5114, 5123, 5206, 5273, 6065, 6091, 6109, 7213, 7652, 7805; 31 U.S.C. 9301, 9303, 9304, 9306.

### Source

Source: T.D. ATF-379, 61 FR 31412, June 20, 1996, unless otherwise noted.

### Amendments

[T.D. TTB, 74 FR 37402, July 28, 2009]