§460 Retention of Distilled Spirits, Wines, Etc., in Warehouse During Prohibitory Period

Summary

Allows imported distilled spirits, wines, or other liquors that are already in customs bonded warehouses when a ban by Congress or the President starts to remain in those warehouses without paying taxes or duties past the usual three-year bonded period, and they may be exported during that extended time under rules set by the Secretary of the Treasury. If the three-year bonded period ended after February 24, 1919 and before the ban starts, the owner may choose to keep those goods in bond for the duration of the ban.