The liability of a surety on a bond required by this part will be terminated only as to liability arising on or after:
(a) The effective date of a superseding bond;
(b) The date of approval of the discontinuance of business of the brewer;
(c) Following the giving of notice by the surety; or
(d) In the case of a brewer who applies to terminate a surety bond under § 25.106, the date that TTB approves the brewer's application under that section.
[T.D. TTB-146, 82 FR 1128, Jan. 4, 2017]