26 U.S.C. § 5711 — Bond

(a) When required Every person, before commencing business as a manufacturer of tobacco products or cigarette papers and tubes, or as an export warehouse proprietor, must file such bond, conditioned upon compliance with this chapter and regulations issued under it, in such form, amount, and manner as the Secretary^* must by regulation prescribe. A new or additional bond can be required whenever the Secretary considers such action necessary for the protection of the revenue. (b) Approval or disapproval No person must engage in such business until he receives notice of approval of such bond. A bond can be disapproved, upon notice to the principal on the bond, if the Secretary determines that the bond is not adequate to protect the revenue. (c) Cancellation Any bond filed hereunder can be canceled, upon notice to the principal on the bond, whenever the Secretary determines that the bond no longer adequately protects the revenue.