Opinion No.

Honorable Warren G. Harding State Treasurer P. O. Box 12608, Capitol Station Austin, Texas 78711

Re: Whether the distributor's cigarette tax surety bond is ineffective on receipt of a cancellation notice.

Dear Mr. Harding:

You ask for an interpretation of a Distributor's Cigarette Tax Surety Bond. Payment of the cigarette tax required by article 7.02, Taxation-General, is evidenced by stamps purchased from the Treasurer and affixed to each package of cigarettes. Tax.-Gen. art. 7.02(2). The distributor must file a surety bond with the State Treasurer conditioned upon payment in full for the…