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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 20 - Employees' Benefits |
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Chapter VIII - Joint Board for the Enrollment of Actuaries |
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Part 901 - Regulations Governing the Performance of Actuarial Services Under the Employee Retirement Income Security Act of 1974 |
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Subpart D - Suspension or Termination of Enrollment |
§ 901.30 - Authority to suspend or terminate enrollment.
Latest version.
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§ 901.30 Authority to suspend or terminate enrollment.
Under section 3042(b) of ERISA the Joint Board may, after notice and opportunity for a hearing, suspend or terminate the enrollment of an enrolled actuary if the Joint Board finds that such enrolled actuary
(a) Has failed to discharge his/her duties under ERISA, or
(b) Does not satisfy the requirements for enrollment in effect at the time of his/her enrollment.