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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 29 - Labor |
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Subtitle B - Regulations Relating to Labor |
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Chapter XXV - Employee Benefits Security Administration, Department of Labor |
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SubChapter I - Temporary Bonding Rules Under the Employee Retirement Income Security Act of 1974 |
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Part 2580 - Temporary Bonding Rules |
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Subpart F - Exemptions |
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Banking Institutions Subject to Federal Regulation |
§ 2580.412-27 - Exemption.
Latest version.
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§ 2580.412-27 Exemption.
An exemption from the bonding requirements of subsections 13 (a) and (b) of the Welfare and Pension Plans Disclosure Act is granted whereby banking institutions and trust companies specified in § 2580.412-28 are not required to comply with subsections 13 (a) and (b) of the Act, with respect to welfare and pension benefit plans covered by the Act.
[34 FR 5158, Mar. 13, 1969. Redesignated at 50 FR 26706, June 28, 1985]