[Code of Federal Regulations]
[Title 26, Volume 18]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR403.27]

[Page 776]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 403_DISPOSITION OF SEIZED PERSONAL PROPERTY--Table of Contents
 
                   Subpart C_Seizures and Forfeitures
 
Sec. 403.27  Type and conditions of cost bond.

    The cost bond filed by a claimant pursuant to Sec. 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 Sec. 403.29.