§ 5173. Bonds
(a)
Operations at, and withdrawals from, distilled spirits plant must be covered by bond
(b)
Operations bonds
The bond required by paragraph (1) of subsection (a) shall meet the requirements of paragraph (1), (2), or (3) of this subsection:
(2)
Adjacent wine cellar bond
The bond covers operations at a distilled spirits plant and at an adjacent bonded wine cellar.
(c)
Withdrawal bonds
The bond required by paragraph (2) of subsection (a) shall cover withdrawals from 1 or more bonded premises the operations at which could be covered by the same operations bond under subsection (b).
(d)
Unit bonds
Under regulations prescribed by the Secretary, the requirements of paragraphs (1) and (2) of subsection (a) shall be treated as met by a unit bond which covers both operations at, and withdrawals from, 1 or more bonded premises which could be covered by the same operations bond under subsection (b).
(e)
Terms and conditions
(f)
Amount
(g)
Total amount available
The total amount of any bond furnished under this section shall be available for the satisfaction of any liability incurred under the terms and conditions of such bond.
(h)
Special rules
For purposes of this section—
(1)
Withdrawal bonds
In the case of any bond furnished under this section which covers withdrawals but not operations—
(2)
Adjacent wine cellars
(A)
Requirements
No wine cellar shall be treated as being adjacent to a distilled spirits plant unless—
(B)
Bond in lieu of wine cellar bond
In the case of any adjacent wine cellar, a bond furnished under this section which covers operations at such wine cellar shall be in lieu of any bond which would otherwise be required under section
5354 with respect to such wine cellar (other than supplemental bonds required under the second sentence of section
5354).