§ 1452. Penalty for failure to provide notice

131 words·~1 min read·/usc/title-29/section-1452

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Any person who fails, without reasonable cause, to provide a notice required under this subtitle or any implementing regulations shall be liable to the corporation in an amount up to $100 for each day for which such failure continues. The corporation may bring a civil action against any such person in the United States District Court for the District of Columbia or in any district court of the United States within the jurisdiction of which the plan assets are located, the plan is administered, or a defendant resides or does business, and process may be served in any district where a defendant resides, does business, or may be found.

(Pub. L. 93–406, title IV, § 4302, as added Pub. L. 96–364, title I, § 104(2), Sept. 26, 1980, 94 Stat. 1263.)

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Public Law 96–364
To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1954 to improve retirement income security under private multiemployer pension plans by strengthening the funding requirements for those plans, to authorize plan preservation measures for financially troubl

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Pub. L. 93–406, title IV, § 4302
Pub. L. 96–364, title I, § 104(2)
94 Stat. 1263

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§ 1452

Penalty for failure to provide notice

Stat.×1

Pub. L.Pub. L. 93–406, title IV, § 4302

Pub. L.Pub. L. 96–364, title I, § 104(2)

Stat.94 Stat. 1263

Cites 3Cited by 1 across 1 source