§ 4221.2. Definitions.
105 words·~1 min read·
/us/cfr/t29/s§ 4221.2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The following terms are defined in § 4001.2 of this chapter: ERISA, IRS, multiemployer plan, PBGC, plan, and plan sponsor. In addition, for purposes of this part: Arbitrator means an individual or panel of individuals selected according to this part to decide a dispute concerning withdrawal liability. Employer means an individual, partnership, corporation or other entity against which a plan sponsor has made a demand for payment of withdrawal liability pursuant to section 4219(b)(1) of ERISA. Party or parties means the employer and the plan sponsor involved in a withdrawal liability dispute. Withdrawal liability dispute means a dispute described in § 4221.1(a) of this chapter.