CFR > Title 29 - Labor > SUBTITLE B—Regulations Relating to Labor > CHAPTER XXV—EMPLOYEE BENEFITS SECURITY ADMINISTRATION, DEPARTMENT OF LABOR (parts 2509 to 2590) > SUBCHAPTER I—TEMPORARY BONDING RULES UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (parts 2580 to 2580) > PART 2580—TEMPORARY BONDING RULES > SUBPART E—Qualified Agents, Brokers and Surety Companies for the Placing of Bonds (§2580.412-21 to §2580.412-22) > 2580.412-22—Interests held in agents, brokers and surety companies.

2580.412-22—Interests held in agents, brokers and surety companies.

Section 13(c) prohibits the placing of bonds, required to be obtained pursuant to section 13, with any surety or other company, or through any agent or broker in whose business operations a plan or any party in interest in a plan has significant control or financial interest, direct or indirect. An interpretation of this section has been issued ( § 2580.412-36 of this chapter ).