§ 4231.18. Jurisdiction over financial assistance merger.
80 words·~1 min read·
/us/cfr/t29/s§ 4231.18·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)General. PBGC will retain jurisdiction over the merged plan resulting from a financial assistance merger to carry out the purposes, terms, and conditions of the financial assistance merger, the financial assistance agreement, sections 4231 and 4261 of ERISA, and the regulations thereunder.
(b)Financial assistance agreement. PBGC may, upon providing notice to the plan sponsor, make changes to the financial assistance agreement in response to changed circumstances consistent with sections 4231 and 4261 of ERISA and the regulations thereunder.