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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 20 - Employees' Benefits |
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Chapter III - Social Security Administration |
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Part 410 - FEDERAL COAL MINE HEALTH AND SAFETY ACT OF 1969, TITLE IV - BLACK LUNG BENEFITS (1969-) |
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Subpart E - Payment of Benefits |
§ 410.590 - Transfer of accumulated benefit payments.
Latest version.
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A representative payee who has conserved or invested funds from payments under part B of title IV of the Act certified to him on behalf of a beneficiary shall, upon direction of the Administration, transfer any such funds (including interest earned from investment of such funds) to a successor payee appointed by the Administration, or, at the option of the Administration, shall transfer such funds, including interest, to the Administration for recertification to a successor payee or to the beneficiary.