-CITE-
    26 USC CHAPTER 73 - BONDS                                   01/19/04

-EXPCITE-
    TITLE 26 - INTERNAL REVENUE CODE
    Subtitle F - Procedure and Administration
    CHAPTER 73 - BONDS

-HEAD-
                            CHAPTER 73 - BONDS                        

-MISC1-
    Sec.                                                     
    7101.       Form of bonds.                                        
    7102.       Single bond in lieu of multiple bonds.                
    7103.       Cross references - Other provisions for bonds.        

-SECREF-
                   CHAPTER REFERRED TO IN OTHER SECTIONS               
      This chapter is referred to in sections 7801, 7851 of this title.

-End-



-CITE-
    26 USC Sec. 7101                                            01/19/04

-EXPCITE-
    TITLE 26 - INTERNAL REVENUE CODE
    Subtitle F - Procedure and Administration
    CHAPTER 73 - BONDS

-HEAD-
    Sec. 7101. Form of bonds

-STATUTE-
      Whenever, pursuant to the provisions of this title (other than
    section 7485), or rules or regulations prescribed under authority
    of this title, a person is required to furnish a bond or security -
    
      (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 Secretary.
      (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 section 9303 of title 31, United States Code.

-SOURCE-
    (Aug. 16, 1954, ch. 736, 68A Stat. 847; Pub. L. 92-310, title II,
    Sec. 230(b), June 6, 1972, 86 Stat. 209; Pub. L. 94-455, title XIX,
    Sec. 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 97-258,
    Sec. 3(f)(11), Sept. 13, 1982, 96 Stat. 1065.)


-MISC1-
                                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 delegate"
    after "Secretary".
      1972 - Pub. L. 92-310 struck out reference to section 6803(a)(1).

-SECREF-
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in section 7324 of this title.

-End-



-CITE-
    26 USC Sec. 7102                                            01/19/04

-EXPCITE-
    TITLE 26 - INTERNAL REVENUE CODE
    Subtitle F - Procedure and Administration
    CHAPTER 73 - BONDS

-HEAD-
    Sec. 7102. Single bond in lieu of multiple bonds

-STATUTE-
      In any case in which two or more bonds are required 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.

-SOURCE-
    (Aug. 16, 1954, ch. 736, 68A Stat. 847; Pub. L. 94-455, title XIX,
    Sec. 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)


-MISC1-
                                AMENDMENTS                            
      1976 - Pub. L. 94-455 struck out "or his delegate" after
    "Secretary".

-End-



-CITE-
    26 USC Sec. 7103                                            01/19/04

-EXPCITE-
    TITLE 26 - INTERNAL REVENUE CODE
    Subtitle F - Procedure and Administration
    CHAPTER 73 - BONDS

-HEAD-
    Sec. 7103. Cross references - Other provisions for bonds

-STATUTE-
    (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 assessment, 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 assessed 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 reversionary 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 section 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 proceeding, see section 7324(3).
          (3) For bond to release perishable goods under levy, see
        section 6336.
          (4) For bond executed by claimant of seized goods valued at
        $100,000 or less, see section 7325(3).
    (c) Miscellaneous
          (1) For bond as a condition precedent to the allowance of the
        credit for accrued foreign taxes, see section 905(c).
          (2) For bonds relating to alcohol and tobacco taxes, see
        generally subtitle E.

-SOURCE-
    (Aug. 16, 1954, ch. 736, 68A Stat. 847; Pub. L. 89-44, title VIII,
    Sec. 802(b)(3), June 21, 1965, 79 Stat. 159; Pub. L. 91-513, title
    III, Sec. 1102(e), Oct. 27, 1970, 84 Stat. 1292; Pub. L. 92-310,
    title II, Sec. 230(c), June 6, 1972, 86 Stat. 209; Pub. L. 93-490,
    Sec. 3(b)(7), Oct. 26, 1974, 88 Stat. 1467; Pub. L. 94-455, title
    XII, Sec. 1204(c)(10), title XIX, Sec. 1906(a)(40), (b)(13)(A),
    Oct. 4, 1976, 90 Stat. 1699, 1830, 1834; Pub. L. 95-628, Sec.
    9(b)(2), Nov. 10, 1978, 92 Stat. 3633; Pub. L. 99-514, title XV,
    Sec. 1566(c), Oct. 22, 1986, 100 Stat. 2763.)


-MISC1-
                                AMENDMENTS                            
      1986 - Subsec. (b)(4). Pub. L. 99-514 substituted "$100,000" for
    "$1,000".
      1978 - Subsec. (a)(4). Pub. L. 95-628 added par. (4).
      1976 - Subsec. (a)(4). Pub. L. 94-455, Sec. 1204(c)(10), struck
    out par. (4) which made reference to section 6851(e) as covering
    the furnishing of bond where a taxable years is closed by the
    Secretary or his delegate.
      Subsec. (b)(1). Pub. L. 94-455, Sec. 1906(b)(13)(A), struck out
    "or his delegate" after "Secretary".
      Subsec. (d). Pub. L. 94-455, Sec. 1906(a)(40), struck out subsec.
    (d) which made cross references to provisions covering bonds
    required with respect to articles taxable under chapter B of
    chapter 37 processed for exportation without payment of tax,
    oleomargarine removed from the place of manufacture for exportation
    to a foreign country, and the manufacture of oleomargarine,
    process, renovated, or adulterated butter, and white phosphorus
    matches.
      1974 - Subsec. (d)(3)(C). Pub. L. 93-490 struck out subpar. (C)
    relating to manufacturers of filled cheese and which made reference
    to section 4833(c).
      1972 - Subsec. (e). Pub. L. 92-310 repealed subsec. (e) which
    contained cross references for personnel bonds.
      1970 - Subsec. (d)(3)(D). Pub. L. 91-513 struck out subpar. (D)
    which related to the manufacturer of opium suitable for smoking and
    which made reference to section 4713(b).
      1965 - Subsec. (d)(3)(F). Pub. L. 89-44 struck out subpar. (F)
    relating to producers and importers of gasoline and manufacturers
    and producers of lubricating oils.

                     EFFECTIVE DATE OF 1986 AMENDMENT                 
      Amendment by Pub. L. 99-514 effective Oct. 22, 1986, see section
    1566(e) of Pub. L. 99-514, set out as a note under section 7325 of
    this title.

                     EFFECTIVE DATE OF 1978 AMENDMENT                 
      Amendment by Pub. L. 95-628 applicable with respect to penalties
    assessed more than 60 days after Nov. 10, 1978, see section 9(c) of
    Pub. L. 95-628, set out as a note under section 6672 of this title.

                     EFFECTIVE DATE OF 1976 AMENDMENT                 
      Amendment by section 1204(c)(10) of Pub. L. 94-455 applicable
    with respect to action taken under section 6851, 6861, or 6862 of
    this title where notice and demand takes place after Feb. 28, 1977,
    see section 1204(d) of Pub. L. 94-455, as amended, set out as a
    note under section 6851 of this title.

                     EFFECTIVE DATE OF 1974 AMENDMENT                 
      Amendment by Pub. L. 93-490 applicable to filled cheese
    manufactured, imported, or sold after Oct. 26, 1974, see section
    3(c) of Pub. L. 93-490, set out as an Effective Date of Repeal note
    under section 4831 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 Effective Date note under section
    951 of Title 21, Food and Drugs.

                     EFFECTIVE DATE OF 1965 AMENDMENT                 
      Amendment by Pub. L. 89-44 applicable with respect to articles
    sold on or after July 1, 1965, see section 802(d)(1) of Pub. L.
    89-44, set out as a note under section 4082 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.

-End-