§ 2580.412-27. Exemption.
72 words·~1 min read·
/us/cfr/t29/s§ 2580.412-27·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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. \[34 FR 5158, Mar. 13, 1969. Redesignated at 50 FR 26706, June 28, 1985\]