§ 4043.64. Extraordinary dividend or stock redemption.
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/us/cfr/t29/s§ 4043.64·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Reportable event. Advance notice is required for a distribution by a member of a plan's controlled group, as described in § 4043.31(a).
(b)Waiver---de minimis 5-percent segment. Notice under this section is waived if the person making the distribution is a de minimis 5-percent segment of the plan's controlled group for the most recent fiscal year(s) ending on or before the effective date of the reportable event.