26 U.S.C. § 7101 — Form of bonds

Page 3845 TITLE 26—INTERNAL REVENUE CODE § 7103 1996—Par. (3). Pub. L. 104–188, § 1702(b)(4)(A), sub- stituted ‘‘taxes on gasoline and diesel fuel’’ for ‘‘pro- duction or importation of gasoline’’. Pars. (4) to (6). Pub. L. 104–188, § 1702(b)(4)(B), redesig- nated pars. (5) and (6) as (4) and (5), respectively, and struck out former par. (4) which read as follows: ‘‘For provisions relating to registration in relation to the manufacture or production of lubricating oils, see sec- tion 4101.’’ 1976—Pub. L. 94–455 revised section generally, strik- ing out cross reference to section 4804(d) relating to registration in relation to manufacture of white phos- phorus matches and substituted reference to section 5861 for reference to section 5854 in cross reference cov- ering registration in connection with firearms. 1970—Subsecs. (a), (b). Pub. L. 91–513 struck out sub- secs. (a) and (b) which related to narcotic drugs and marihuana, respectively, and which had made reference to sections 4722 and 4753, respectively. 1965—Subsec. (d). Pub. L. 89–44 struck out subsec. (d) relating to manufacture of playing cards. 1958—Subsecs. (i), (j). Pub. L. 85–475, redesignated sub- sec. (j) as (i) and struck out former subsec. (i) which re- ferred to section 4273. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2005 AMENDMENT Amendment by Pub. L. 109–59 effective July 1, 2008, but inapplicable to taxes imposed for periods before such date, see section 11125(c) of Pub. L. 109–59, set out as a note under section 5002 of this title. EFFECTIVE DATE OF 1996 AMENDMENT Amendment by Pub. L. 104–188 effective, except as otherwise expressly provided, as if included in the pro- vision of the Revenue Reconciliation Act of 1990, Pub. L. 101–508, title XI, to which such amendment relates, see section 1702(i) of Pub. L. 104–188, set out as a note under section 38 of this title. EFFECTIVE DATE OF 1970 AMENDMENT Amendment by Pub. L. 91–513 effective on first day of seventh calendar month that begins after Oct. 26, 1970, see section 1105(a) of Pub. L. 91–513, set out as an Effec- tive Date note under section 951 of Title 21, Food and Drugs. EFFECTIVE DATE OF 1965 AMENDMENT Amendment by Pub. L. 89–44 to take effect in a man- ner consistent with effective date of change of tax pro- vision to which related, see section 701(e) of Pub. L. 89–44, set out as a note under section 6103 of this title. EFFECTIVE DATE OF 1958 AMENDMENT For effective date of amendment by Pub. L. 85–475, see section 4(c) of Pub. L. 85–475, set out as a note under section 6415 of this title. SAVINGS PROVISION Prosecutions for any violation of law occurring, and civil seizures or forfeitures and injunctive proceedings commenced, prior to the effective date of amendment of this section by section 1102 of Pub. L. 91–513 not to be affected or abated by reason thereof, see section 1103 of Pub. L. 91–513, set out as a note under section 171 of Title 21, Food and Drugs. CHAPTER 73—BONDS Sec. 7101. Form of bonds. 7102. Single bond in lieu of multiple bonds. 7103. Cross references—Other provisions for bonds. § 7101. Form of bonds Whenever, pursuant to the provisions of this title (other than section 7485), or rules or regula- tions prescribed under authority of this title, a person is required to furnish a bond or secu- rity— (1) General rule Such bond or security shall be in such form and with such surety or sureties as may be prescribed by regulations issued by the Sec- retary. (2) United States bonds and notes in lieu of surety bonds The person required to furnish such bond or security may, in lieu thereof, deposit bonds or notes of the United States as provided in sec- tion 9303 of title 31, United States Code. (Aug. 16, 1954, ch. 736, 68A Stat. 847; Pub. L. 92–310, title II, § 230(b), June 6, 1972, 86 Stat. 209; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 97–258, § 3(f)(11), Sept. 13, 1982, 96 Stat. 1065.) Editorial Notes AMENDMENTS 1982—Par. (2). Pub. L. 97–258 substituted ‘‘section 9303 of title 31, United States Code’’ for ‘‘6 U.S.C. 15’’. 1976—Par. (2). Pub. L. 94–455 struck out ‘‘or his dele- gate’’ after ‘‘Secretary’’. 1972—Pub. L. 92–310 struck out reference to section 6803(a)(1). § 7102. Single bond in lieu of multiple bonds In any case in which two or more bonds are re- quired or authorized, the Secretary may provide for the acceptance of a single bond complying with the requirements for which the several bonds are required or authorized. (Aug. 16, 1954, ch. 736, 68A Stat. 847; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.) Editorial Notes AMENDMENTS 1976—Pub. L. 94–455 struck out ‘‘or his delegate’’ after ‘‘Secretary’’. § 7103. Cross references—Other provisions for bonds (a) Extensions of time (1) For bond where time to pay tax or deficiency has been extended, see section 6165. (2) For bond to stay collection of a jeopardy as- sessment, see section 6863. (3) For bond to stay assessment and collection prior to review of a Tax Court decision, see section 7485. (4) For a bond to stay collection of a penalty as- sessed under section 6672, see section 6672(b). (5) For bond in case of an election to postpone payment of estate tax where the value of a rever- sionary or remainder interest is included in the gross estate, see section 6165. (b) Release of lien or seized property (1) For the release of the lien provided for in sec- tion 6325 by furnishing the Secretary a bond, see section 6325(a)(2). (2) For bond to obtain release of perishable goods which have been seized under forfeiture pro- ceeding, see section 7324(3). (3) For bond to release perishable goods under levy, see section 6336.