27 CFR § 11.35 - Termination of business.

---
identifier: "/us/cfr/t27/s11.35"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "27 CFR § 11.35 - Termination of business."
title_number: 27
title_name: "Alcohol, Tobacco Products and Firearms"
section_number: "11.35"
section_name: "Termination of business."
chapter_name: "ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "ALCOHOL"
part_number: "11"
part_name: "CONSIGNMENT SALES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 49-50; 27 U.S.C. 202 and 205."
regulatory_source: "T.D. ATF-74, 45 FR 63258, Sept. 23, 1980, unless otherwise noted."
cfr_part: "11"
---


# 11.35 Termination of business.

Products on hand at the time a trade buyer terminates operations may be returned for cash or credit against outstanding indebtedness. This does not include a temporary seasonal shutdown (see § 11.39).

[T.D. ATF-364, 60 FR 20428, Apr. 26, 1995]