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Code · CFR · Title 29 — Labor · Part 453 · § 453.26

§ 453.26. Powers of the Secretary of Labor to exempt.

82 words·~1 min read·/us/cfr/t29/s§ 453.26·

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Section 502(a) of the Act provides that when in the opinion of the Secretary of Labor a labor organization has made other bonding arrangements which would provide the protection required at comparable cost or less, he may exempt such labor organization from placing a bond through a surety company holding a grant of authority from the Secretary of the Treasury under the Act of July 30, 1947 (6 U.S.C. 6-13), as acceptable surety on Federal bonds. \[30 FR 14926, Dec. 2, 1965\]
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  • 6 USC 6-13
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§ 453.26
Powers of the Secretary of Labor to exempt.
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