[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR20.233]

[Page 526]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 20_DISTRIBUTION AND USE OF DENATURED ALCOHOL AND RUM--Table of Contents
 
 Subpart M_Return, Reconsignment and Disposition of Specially Denatured 
                                 Spirits
 
Sec.  20.233  Disposition after revocation of permit.

    When any permit issued on Form 5150.9 is revoked, all specially 
denatured spirits in transit and all specially denatured spirits on the 
former permit premises, may be lawfully possessed by the former 
permittee for the exclusive purpose of disposing of the specially 
denatured spirits, for a period of 60 days following the date of 
revocation. Any specially denatured spirits or recovered alcohol not 
disposed of within the specific 60-day period, is subject to seizure and 
forfeiture.